That’s what Steve Sjuggerud claims in his True Wealth newsletter. Have any idea what he is so pumped up about?
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Dr. Sjuggerud received his Ph.D. After writing a dissertation on international currencies.
For 2 years he kept pushing very hard for members to invest / deposit in icelandic currency in 2007, against USA dollars.
You judge for yourself how good was his recommendations, read below links
http://www.dailywealth.com/1242/time-to-buy-in-iceland
http://www.tititudorancea.com/z/isk_to_usd_exchange_rates_iceland_krona_american_dollar.htm
http://www.businessweek.com/stories/2008-10-09/the-stunning-collapse-of-icelandbusinessweek-business-news-stock-market-and-financial-advice