Thursday, December 8, 2011

What is the most stable currency for me to store as cash?

It seems like the dollar is dropping a lot in value constantly, so I am wondering what currency would be the best one to keep as cash in order to avoid big inflation. Is the euro more stable than the dollar?|||The British pound!|||Gold. Gold is the most stable currency in the world.





Between 1800 and 1933, gold was between $19 and $21 for over 110 of those 133 years.





Scroll down to the chart... http://www.finfacts.com/Private/curency/goldmarketprice.htm





In 1933, FDR made it illegal for citizens to own gold.

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|||The EWI Stable Currency Index, maintained by Elliott Wave International (the world's largest market forecasting company) chooses four currencies as the most stable:





1. The Swiss Franc


2. The Singapore Dollar


3. The New Zealand Dollar


4. The US Dollar





http://stablecurrencyindex.com

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|||qwerty|||buy a bunch of m%26amp;m's---they will go up in value soon|||I think Monopoly money is pretty stable... heh heh|||The Euro is much more stable beacause it does not depend on the economic stability on one country but a collective.|||I think it is pond sterling.

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