Hello lovely people,
Let me give you a disclaimer at very first that I am not a professional instead a newbie. I have been reading that US Dollar is getting devalued. They have been on dollar printing spree because of Covid-19.
Here are few headlines :
[comments are must read for the last news link]
Countries on which China has influence are going to trade in currencies other than US Dollar. If you also see price of silver and gold you’ll also see that they are skyrocketing, this is also because the US Dollar is getting devalued.
Now I have invested a lot of money in the US stock market, for example I have bought shares that are in US Dollar currency and then I have bought few ETFs which are in Euro but they have invested almost 96% in US companies.
The question is what does it means for investor like me? Should I take all the money out the US stock market and US companies ? and invest in some Euro based ETF, which has silver or gold in physical form?
Please tell me what do you people think?
Regards & Thanks for your time in advance