Quote:
Originally Posted by RayBonga
Good luck with it 
btw, whenever I discuss gold with Americans they claim much higher profits than I wouldhave gotten. part of the gold value increase is actually a dollar value decrease (if you have other currency you won't see this effect). Still a great run by gold anywhere in the world. |
Yes, Americans usually don't understand their currency is devaluing at an incredible rate. For some reason, they think they are too big to fail and their currency is too strong to be reduced to nothing.
For them, the idea would be to invest in something (anything) that is appreciating against the dollar. Even if you only earn in USD, get it in an interest baring account in a currency that is gaining against the USD. If you can find something that at least matches or beats inflation, you will come out on top. If not, you still lose.
