![]() |
|
| *The Commerce Journal>>>Investing |
Should I put my money in Gold or the Euro? And why? |
Or something else like the British Pound? I think we could be headed for a BIG currency decline. What will have the most value if/when the dollar bottoms out? Put it in gold. Fiat currencies always lose value on a continual basis. The Euro isn't backed by anything. Gold is a hard currency and has exactly the same purchasing power that it had hundreds of years ago. US DOLLAR!!!! haha just kidding...id say gold should be pretty steady Gold Stocks of Producing Companies. I heard that our US dollar is going to crash and it's estimated to happen in 2 to 4 years. That is when the borders to Canada and Mexico will open and we will have the same currency. Gold. Hopefully soon, Gold and Silver will be able to compete against the fiat federal reserve paper notes. It's always good to have some exposure to Gold, but currency wise, I would bet on the Yuan over all currencies right now....it is and has been for some time, a very undervalued currency. gold should gain after a breather in early 08 (a short term dollar rally), but i think silver has even more upside potential. |
| Tags |
| Small Business Renting & Real Estate Personal Finance Investing Insurance Credit Corporations |
| Related information |
Cost of carry and interest rates are already in the model used to compute the futures price. ...I'm sorry I can't be more detailed, but if you go to " Green on the Screen" and read back in the blogs... there were a few guys comparing back-testing instruments a while back. ... Mutual funds with loads & average expenses. Probably better choices out there with Vanguard, Fidelity and/or TRowe Price. ...Look into ETF's rather than individual companies? PBW..GEX ...Core Banking is normally defined as the business conducted by a banking institution with its retail and small business customers. Many banks treat the retail customers as their core banking custome... To echo the other comments the answer is yes and no. As with many things it is dependent on your circumstances. If a stock, bond, fund, etc. is a dog which has been depreciating in value for sev... Who gave it to you and for what reason? If someone said, here deposit this and send me most of the money via Western Union as soon as it "clears" (meaning your bank gives you credit fo... it has to do with what is called the "Secondary Market". you won't lose money if you hold a bond until maturity, but many kinds of bonds can be sold to someone else before maturity. ... |
Commerce Categories--Copyright/IP Policy--Contact Webmaster |