Comment: ok, sitting in a coffee shop someone just told me to buy Yuans

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ok, sitting in a coffee shop someone just told me to buy Yuans

...if the dollar is going to crash than the currency it is going to crash relative to is the Yuan (Chinese.) It's still paper but the finances behind it are stronger. Is the guy who was sitting next to me a nut?

Come to think of it, isn't a money market fund safer than cash, because a market basket of currencies would hedge weaker ones with stronger ones?

A man who views the world the same at fifty as he did at twenty has wasted thirty years of his life.
-- Muhammad Ali