Readers Respond: Hedge Against a Dollar Decline

Responses: 55

By Kimberly Amadeo, About.com Guide

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What are some good ways to protect your investments against a dollar decline? What Do You Think?

Do what DAD SAVE 30% of your income grow veggies in the garden.Sew your own clothes. Be independent. America is resilient
—Guest Margarie Torres

It's all right here. This video states putin was going to come back to power too and he just did. Don't be scared. Just do what the video tells you to do. God is in control
—Guest terrie

Ron Paul is the only one addressing this. Make no mistake this is the biggest threat our country faces, wake up and support Ron Paul you can thank me later.
—Guest Matthew

THEY USED TO SAY WHEN THE STOCK MARKET GOES DOWN THE DOLLAR GOES UP. NOW WHEN THE STOCK MARKET GOES UP OR DOWN THE DOLLAR GOES DOWN.
—Guest ED CORLEY

You're going to take your gold, and oil to WalMart and trade ???? Of corse all the windows will be broken out and all the goods will be looted. Grocery shelves will be empty. In the event of a dollar collapse, you will have mayhem. Gold and oil will be worthless. It would take years to change a currency and get it dispersed. Are you kidding me? Gold and oil ?
—Guest mark

The Dollar will certainly collapse because right now, China and other asian countries are dumping US Treasuries at a high rate and US national debt is cannot be paid because it's so BIG!
—Guest Joseph H.

The whole money system is in chaos. If we were to pull the plug at the top 3 stock exchanges, civilization would collapse within a few days. That's how fragile the money system is.....
—Guest Saul

Check out the positions he has held for many, many years. www.ronpaul2012.com or www.dailypaul.com. End the FED!
—Guest Roger

JUST A REGULAR WORKING GUY.WHAT & WHO DO WE TRUST TO PROTECT ANY SAVING ONE MIGHT HAVE,IF THE DOLLAR GOES UNDER.
—Guest THE DOG

Just look at the U.S. Treasury balance sheet: Negative $14trillion net worth and negative $2.8 trillion income. Great investment!
—Guest Really?

People are so worried about the decline in the value of the dollar that they are trying to find ways to prepare for when it happens. Instead why not try to come up with a solution to prevent this from happening
—Guest Jose

The US is a net consumer instead of producer big times. In this way, the rest of the world has helped the US significantly to live above its means. This was for some time serving both the Asians and Americans but this is going to end. Not with a big bang indeed, or at least the Asians will try to avoid that, so they can get as much real goods for their paper dollars as possible, but the decline of the US dollar against any other currency in the world will continue. The US politicians only have a few years left before the sliding will go faster and faster. This means they must come up with aggressive politics NOW and cut government spending big time and increase taxes for the rich big time. Both the democrats and the republicans cannot keep their hobby horses as an amazing amount of money will need to be saved in the coming years. Otherwise the US will turn into Brazil within ten years from now. Don't be mistaken, the troubles of the euro are a side-show, no big issues there.
—Guest DutchMan74

You underestimate the built-in value of $ in relation to other currencies.Odd enough,You need a non US citizen like me to tell you the truth.$ is the world best currency.The reason,? Simple;Whoever thinks he is rich ,needs to split wealth in 3 phases;Owning it (Legal Right)-Holding it(Notes in hand)-Securing it (Notes in vault).Vault is the most important part of all 3.NOW,Look at it from a global point.$ is the currency enjoying the world best vault.That is the US defence network,the shield & the sword of the $.. Plus the US has the best legal & judicial system,even with plenty of loopholes & crooks to go around it.The US people has a positive/balanced culture in favor of innovation with no equivalent on earth.Other currencies are just dwarves.$ has only 5 Problems easy to sort out;(1)Fed rates should go negative.(2)Public debt to convert in evergreen-perpetuals (only interest )(3)Fed to be owned by Federal autorities(4)Split commercial Bking(5)Improve $ notes quality.
—Guest frog75

Apparently the author of this article, which was well written, doesn't really know very many Chinese people. To say that it wouldn't be in their interest to dump dollars because they own $1T spins their thought process and priorities as very American. Chinese definitely do not think or prioritize like Americans. If the dumping of their dollar reserves somehow meant the rising of the yuan and a significant boost to the pride and position of the Chinese people and government, they would dump the dollars without a second thought. As one said to me when I asked why English was mandatory in school his reply was tell-tale. "We learn English, so that one day our children will never have to learn English again."
—Guest Dan

Thanks for explaining all of this. I watched a video that had all this horrible stuff they said would happen if the dollar crashed, like there will be riots, people will have no food! Then they said "Give us money if you want advice on how to survive this!" I was 97% positive it was a scam, so I searched the web about it ended up here. I guess I shouldn't let myself get so easily wound up huh?
—Guest Jackie

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Kimberly Amadeo
US Economy Guide