Jun
15
what is the value of the dollar? should i transfer usd to gold?
Filed Under Other - Business & Finance
tat2icandy
will value of dollar keep dropping? should we invest or transfer money into another currency?(before it’s too late)
will value of dollar keep dropping? should we invest or transfer money into another currency?(before it’s too late)
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One Response to “what is the value of the dollar? should i transfer usd to gold?”
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First, the dollar is not dropping. It had a nice run recently against the Euro and has now pulled back. If you want to hedge your dollar holdings consider 5 – 10% in two or three other currencies, or consider a currency fund.
Keep in mind that the dollar may be strong against one currency and weak against another. Generally, the stronger the country’s economy, the stronger the currency.