New Zealand Dollar
 

I figure that the dollar is going to continue to decline in value as long as George W and friends are in power, so I was going to buy Euros. But then the NZ Dollar caught my eye.

I can buy a $10,000 CD in Euros and get .85% (plus what I make on the falling dollar) or I could do the same thing in NZ Dollars and make 5% + the dropping dollar.

Why the huge difference. Is the NZ economy unstable? Is their dollar historically volitile?

Gimme your thoughts.

I don't have any great insights into the NZ$, but you might want to check out Bill Fleckenstein at Fleckensteincapital.com. He does a lot of trading against the dollar.

Curious as to how you are going to make your investment. I've heard of using Everbank for foreign denominated investments. Are there others?

Everbank is what I was going to use.

Be careful investing in currencies now. If the Federal Reserve continues raising interest rates, the US dollar will (probably) start to climb against foreign currencies.