If you’ve already got cash reserves outside the dollar, I’d hold onto them. A spread of currencies with the dollar being so weak makes sense. The temptation of course is to convert and reap the benefits, but then your left holding the baby if things go pear-shaped. Some predict the dollar gaining ground late next year. As far as US residents investing abroad, there are restrictions and tax implications.
The dollar may gain ground if the fed holds rates or raises them. IMHO the fed is likely to succumb to the peer pressure of wall street and lower rates, weakening the dollar further.
Currency shares are a easy way into other currencies, and GLD is an easy way into gold.
The dollar may gain ground if the fed holds rates or raises them. IMHO the fed is likely to succumb to the peer pressure of wall street and lower rates, weakening the dollar further.
Currency shares are a easy way into other currencies, and GLD is an easy way into gold.
The dollar may gain ground if the fed holds rates or raises them. IMHO the fed is likely to succumb to the peer pressure of wall street and lower rates, weakening the dollar further.
Currency shares are a easy way into other currencies, and GLD is an easy way into gold.
Gold is pretty volatile. I think that when the market does really badly, people have to cash in a bit on their gold in order to meet margin calls. Plus, central banks are probably selling it at certain times too. But it fluctuates enough that you can definitely play it a bit according to its patterns and make some money.
It would seem to be a great investment if things get really, really bad w/regard to the dollar.
Gold is pretty volatile. I think that when the market does really badly, people have to cash in a bit on their gold in order to meet margin calls. Plus, central banks are probably selling it at certain times too. But it fluctuates enough that you can definitely play it a bit according to its patterns and make some money.
It would seem to be a great investment if things get really, really bad w/regard to the dollar.
Gold is pretty volatile. I think that when the market does really badly, people have to cash in a bit on their gold in order to meet margin calls. Plus, central banks are probably selling it at certain times too. But it fluctuates enough that you can definitely play it a bit according to its patterns and make some money.
It would seem to be a great investment if things get really, really bad w/regard to the dollar.
We’re looking into the same thing…I’m going to look into the Foreign Exchange funds (like FXE)….is the risk to these that the Euro would go down in value against the dollar? It seems to me that this is a pretty conservative investment strategy (we’re being pretty conservative with money we’ll need to reinvest in a home).
We’re looking into the same thing…I’m going to look into the Foreign Exchange funds (like FXE)….is the risk to these that the Euro would go down in value against the dollar? It seems to me that this is a pretty conservative investment strategy (we’re being pretty conservative with money we’ll need to reinvest in a home).
We’re looking into the same thing…I’m going to look into the Foreign Exchange funds (like FXE)….is the risk to these that the Euro would go down in value against the dollar? It seems to me that this is a pretty conservative investment strategy (we’re being pretty conservative with money we’ll need to reinvest in a home).
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