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Reply To: I worry about the US dollar

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#802871
Anonymous
Inactive

Currencies fluctuate, that’s natural. The moment everyone is concerned is usually near the bottom. Daweller, back on 11/1/2007 the Canadian dollar was worth more than the U.S. Dollar, you got 90 cents Canadian for $1 U.S. dollar. Everybody thought the dollar would continue to spiral out of control just as they all do today, some non-U.S. actress stated that she wouldn’t accept a contract in U.S. dollars because they were devaluating so quickly. On 3/1/2009 you got $1.30 Canadian for $1 U.S. dollar it did a complete reversal. Today you get $1.07 Canadian for $1 U.S. dollar. It’s a long ways from $1.30, but also a long ways from 90 cents Canadian and that all happened in just 2 years.
Just like back in March when the U.S. Stock markets were near their bottom and everyone thought the markets would go nowhere but down. Panic was everywhere, I had to daily remind co-workers that they needed to increase there investments at the bottom, not pull out their investments.
If you think the dollar will continue to dive, invest in gold, oil, silver, copper, and other commodities that are valued in U.S. dollars.
Fearing something you can’t control will put you in an early grave. Learn ways to take advantage of, or take control of the things that make you fearful and you will feel more in control and live a happier life.

Splinterfree, the big word in your post is near the last line, “Rumor”. If I believed every rumor I have heard, they have aliens from other worlds in the U.S. and Elvis has been spotted numerous times 20 miles from my house.