Friday, September 17, 2010
Foreign Exchange
I looked through the forex fraud blog a bit and it seems interesting. Warren Buffett did a big currency bet a while back. Lots of people are worried about the future of the dollar. It's difficult to know whether dollar inflation or deflation will win over: maybe some combination of both. I haven't made any direct attempts to diversify outside of the dollar. I noticed gold hit a new high today, which is worrisome to me for all those people piling into gold. It's humorous to watch the TV commercial about gold, "the investment that goes up! not down!" Yeah, right. In the late 1970s gold went way up... and then went way down.
Anyway, that seems like an interesting foreign exchange website.
Anyway, that seems like an interesting foreign exchange website.
