Quote:
Originally Posted by MoneyGuy
I have a problem with your speculation about currencies. With respect, not you, I or anyone else knows where currencies are headed in the short term so speculating on them is futile, I'd argue. The best strategy is and always has been to have a properly diversifed portfolio with appropriate investments and not try to profit from short-term movements because we can't know that and over the long term currencies tend not to matter anyway.
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http://www.house.gov/htbin/blog_inc?...ngdetail.shtml
According to US Congressman Ron Paul (yes, a long-time gold standard advocate that's pretty far out there, but hear him out here) the
US has increased their monetary base by 75% in the past two months.
Any investment in US dollars needs to be made with thought to the future of the US dollar.