Quentin.Daniels
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- Joined
- Jan 6, 2010
- Messages
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There certainly is a lot of bad investment advice on this otherwise helpful and informative board.
I mean whats up with some of these posts I read on here like the dollar is going to crash, and gold is going to be the only safe bet?
The dollar is not going to crash, it will fluctuate up and down like it always has.
If the dollar gets weak the US exports will thrive and soon bumping the dollar back up again. Still it would be a bad advice to recommend anyone to invest in any currency since no one knows which way it is going. Same thing with gold, yes it looks good right now maybe because it is used in technology as a semiconductor, but very soon carbon nanotubes will replace gold as a semiconductor and may send gold prices way down.
I mean whats up with some of these posts I read on here like the dollar is going to crash, and gold is going to be the only safe bet?
The dollar is not going to crash, it will fluctuate up and down like it always has.
If the dollar gets weak the US exports will thrive and soon bumping the dollar back up again. Still it would be a bad advice to recommend anyone to invest in any currency since no one knows which way it is going. Same thing with gold, yes it looks good right now maybe because it is used in technology as a semiconductor, but very soon carbon nanotubes will replace gold as a semiconductor and may send gold prices way down.