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DonsHub

04/09/08 2:57 PM

#24974 RE: DonsHub #24973

One more question, why is the guy telling us not to buy gold or silver when the dollar is crashing? I understand if we go into a recession that gold will probably go down, but the dollar doesn't seem like it's going to come back up anytime soon with the huge amount of debt and spending.
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FinancialAdvisor

04/09/08 3:06 PM

#24975 RE: DonsHub #24973

I can't say I encourage buying of any paper currency. Eventually they all will fail. But the chart has been nice, that's for sure. The exchange rate is worth than a sub-penny stock, 1 Iraqi Dinar equals = 0.0008298 U.S. dollars.



http://finance.yahoo.com/currency/convert?from=IQD&to=USD&amt=1&t=1y