The dollar is heading for its worst year since 1973, falling more than 10% year-to-date while nearly every other major asset class explodes upward. Just last night, Bitcoin hit a new all-time high of $125,000, pushing its total market value to $2.5 trillion, as Cryptopolitan reported. Gold is now close to $4,000 an ounce after […]
ETF’s that track any of the major indexes are mostly flat when you take the devaluation of the dollar into account. SPY is probably up marginally but just barely. But money sitting in a bank account has lost value in that time frame. A better idea would probably be to invest in stocks and ETF’s denominated in Euros or another currency.
Edit: Also as a result on the devaluation of the dollar, gold is way way up this year