For you US long term investors...do you have concern over the long term value of funds since they are based on USD which is tanking on inflation?
I find myself wondering what would come of all our US savings and things that are valued in USD should the USD collapse. I'd like to think they can't just evaporate but on paper they are worth less and less each day. GULP!
That's a monthly chart, It's being pinched off lower and lower so a pop is bound to happen at some point in the somewhat near future. I don't think it's going to be anything major, but maybe enough to lower oil and metals perhaps. Might be a good time to buy some gold, gold stocks or something of the sort.
I'm wondering if I should cash out of USD vehicles and put my money in something more globally supported like gold?
Input, thoughts?