Showing posts with label Currency Crisis. Show all posts
Showing posts with label Currency Crisis. Show all posts

Currency Crisis for 2010?

As we begin the new year, we need to look back at where we have left off in 2009 so as to make wise investment decisions for 2010.

For me, I am almost certain that a currency crisis of the US dollar is way overdue. Well..you do not have to take my word for it but at least you can trust investor Jim Rogers and websites like the Motley Fool.


The financial crisis which was caused by too much debt is being solved by increasing debt(ironic isn't it??). That is perhaps the most tell-tale sign that the Federal Reserve is way over enthusiastic about actively stirring the country away from depression. The amount they are spending is way over board and it seems that they are keen on totally destroying the US dollar.

Gold and Silver are hitting new highs because the US dollar is being devalued.


In fact, the BRIC countries are proposing that trade move away from the US dollar and be based on a basket of currencies instead.

Two quick questions to all people out there.

1. How can one really PROFIT if the US dollar is to become devalued in the future?

2. Which is the safest currency to place your money in should a US dollar currency crisis take place?

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