Currency Cdn
Being a pessimist about the U.S. economy and dollar has offered the brightest returns if one chose gold, silver, foreign currencies, and foreign stocks over U.S. stocks. Gold returned 300% plus, silver produced more than a 4 fold increase, and the USDX crashed from 120+ to around 76 in October 2009- a 36.7% drop in about 10 years. These are lifestyle changing numbers.
Too Late to Trade US Dollars for Buying Gold, Silver, or Currencies?
It is not too late to invest in gold or invest in silver, and certainly not too late to learn about foreign exchange, forex for short. During the 1980's, gold rocketed about 25 fold from its' low point. Today with only a 3 fold increase, gold potentially has most of the full bull market ahead of it. Silver could explode significantly more because the ratio of gold to silver tends to lower when the end of the bull market gets close. With a ratio of roughly 60:1, gold to silver, the bull market is alive and well. A U.S. dollar crash, even a slow one will power the gold, silver, and forex currency markets.
→ 0 Comments
Posted in currency dollars to pounds
