Question:
Why us dollar rise and drop sometimes ? Is it safe to invest in Singapore dollar ? SGD got 0.003% inflation only. How bout gold ? Will gold drop to USD 200 per ounce then rise back again ? When is the best time to buy us dollar,buy gold coins/bars and sell gold ? Gold bars like credit suisse or commemorative gold coins to buy ? Gold bars or commemorative gold coins like singapore lunar 1 oz gold proof coins easier to sell ?
Answer:
Both.
right now the canadian dollar is worth more than the american dollar.
it just goes up and down sometimes... i don't really know why. i've heard of other people investing their money in foreign currencies, but like any investing, there's a chance that you won't make any money.
IT DOES BOTH... U JUST GOTTA LOOK OUT FOR THAT!
**LIL MISS VIXION**
i would put it in gold..
Right now is a good time to buy USD. That was the whole point for the gvmt to let the USD drop - to encourage foreign investment. It's on avg 25% lower against the Euro than it should be.
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