If you do end up buying euros, be careful how you do it. If you just go buy it at the bank, you're going to end up losing 3% going in and another 3% going back to US$. So right away you'll lose 6% on your money. The way the American dollar is being debased, I think gold and silver are still a good buy right now. $1000 is not a lot to gamble with so you could look at some gold/silver equities that are leveraged.