Facing a national debt crisis, the threat of a double-dip recession, and an ongoing loss of national prestige, the U.S. is under pressure, and its currency is feeling the heat. Plenty of observers think the dollar's days are numbered. Here are several ways to protect your money from a catastrophic loss in value.
By itself, the S&P downgrade doesn't mean much to the average citizen. The real risk to the public is devaluation, due to the printing of dollars to make servicing the debt easier. Such a course of action by the government could lead to higher interest rates and greater costs of imported goods.
Several signs seem to point to a downward trend in the value of the dollar, which pundits would have you believe means financial catastrophe for Americans. But it doesn't have to be like that. There are ways to make money if our currency falls. Here are three things to look for.
Investing expert Dan Solin hears this question frequently: It's obvious the dollar is going to crash, so what can I do to protect my investments? His answer may surprise you.
The price of oil rose to a three month high on Tuesday due to the weak U.S. dollar, and bullish sentiment about growth in 2011.