Diversifying Out Of US Dollar.
Summary
- The U.S. dollar may deteriorate as the reserve currency.
- Is Diversifying out of the US dollar/Companies a good idea?
- Invest those funds into currencies and countries with equally or more attractive economies.
I have been diversifying the invested in US dollars/Bonds/Notes over the last six months into currencies and country funds that appear to have the better macro-economic characteristics as a way of de-risking my US exposure.
These investments include: Chinese Yuan, (CYB), The Swiss Naitional Bank (OTCPK:SWZNF), A Norwegian ETF, (NORW), the Swiss Franc (SWF) , and lastly a Nordic ETF fund , (GXF).
I am interested in any thoughts or comments on this thought process, (I'd call it a strategy but that might be a stretch)
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