ping
“My advice to you is to change your assets from being based on the U.S. dollar to another government’s currency.....”
Yeah, okay, that is a really easy thing for the average American to do.
Thanks for that advice. Saying that is about as useful as telling a would be stock market investor to “buy low, sell high”. As vacuous as it is vague.
There is virtually no risk of a sovereign debt default by the U.S. Government. The real risk is the Fed will monetize a large portion of the debt leading to much higher inflation.
For that risk buying physical gold is the best hedging vehicle for the avergae American.