Grant McWilliams

Travel The dollar surges

The dollar surges

Everything is encouraging us to spend our money but we just keep holding onto it making the situation worse. I'm not going to talk about the economy because everyone else is doing that just fine but I've been buying meats and produce at amazing prices lately. Maybe sales are off and they need to clear things out. Also right now is probably the best time in recent history to buy stock because everyone is trading really really low. Those who have money have the opportunity to make a lot of money. OK so there's some risk but if you wanted to avoid risk you'd go on vacation to Arizona right? I have a better idea...

The U.S. Dollar was at a 5 year low last summer when I was in Paris and it hurt. Now even though the economy stinks and everyone is worried that we might be headed for a depression the dollar surges up and most other currencies lose value in comparison. Why has this happened? Who knows of such things. What I do know is that there hasn't been a better time to travel in many years.

Currently the good deals are in the UK (yes you heard me), any country using the Euro, Czech Republic, Poland, Hungary, Australia, New Zealand, Mexico, Brazil and Russia. There are others but all of the above mentioned currencies are have lost to the dollar from 30% - 50%. This means that a 2 week trip to New Zealand will cost you 50% less than it would have a year ago. One U.S. Dollar used to buy you 10 pesos but not it get's you 15. That hotel in Cancun that was going to run you $100 will no only run you $66.

A couple of years ago I was planning a trip to South Africa, total price was about $10,000 USD. Now the same trip would cost me less than $5000. The Rand was trading at 6 to 1 and now it's 13 to 1.

Add to this the airlines are in a price war to Europe. US Airways was offering $288 round trip from NYC to anywhere in Europe they fly. I'm seeing round trip airfare to Beijing China from San Francisco including 5 nights of first class hotel stay for $588...

 

Yes, it's time to get out of the house and go somewhere!

Travel The dollar surges