What to do under continuous high rate of inflation and currency devaluation

[fascom746]

Hello,

My name is salman and I am resident of Pakistan. In my country there is

continuous high rate of inflation and currency devaluation. At present.

almost 1US$= 75 pak rupee.

My question is this under these circumstances I am planning to move
my saved money to foreign country. What would be my best option in
which country I should move my money. I want to invest where I could get
a suitable monthly income. Thats why I am considering canadian income
trust. I am planning to buy penn west energy unit in toronto stock exchange

it is listed under PWT.UN in toronto stock exchange. Please let me know my investment would be safe in this company. Also please suggest best income trusts that are reliable too.

Also let me know buying gold stocks would suitable for me and which one.

My current saving is Pak Rs. 200000

Best Regards

Salman

[Bestmiler]

Hello Salman. I would advise you to invest in foreign stocks. Countries that have a more stable currency like Australia or Canada. Stay away from the US dollar. I work at a brokerage firm that specializes in foreign assets. The firm I work at actually has some clients invested in Penn West. I would take a look at Arc Energy and True Energy. If you have more specific questions, PM me.