So most of us trade and make at least a part of our money in dollars, meanwhile the greenback gets printed to infinity and beyond and loses value. What do you think, which FIAT currency will keep the most of its value? My guess was the Swiss Franc but that has changed. As the SNB is having losses the federal budget will plumet. Followed by money printing to make up for it. So what is your guess?
What is your investment duration? Do you plan to hold the valued currency for a couple of years / decades? jpy, Euro, GBP, and AUD have been down (vs USD) since a decade ago. SNB has been up since 2 decades ago (excl that 2011 ' crisis'). So actually SNB has been one of the most worthless currencies.
Swiss franc is the currency SNB is the Swiss National Bank or in a different context the Saudi National Bank,
I was talking about the Swiss Franc. Ignore the SNB thing which I had written. Similarly, I think OP was talking about the Swiss Franc and not the SNB thing
The problem with basing decisions/ expectations on the governments printing money (because of X, then Z should happen) , is that the market will whatever it will do, because people can stay irrational much longer than one can stay liquid. Therefore, it is important to keep in mind that majority of people still perceive USD as the “reserve” currency, so be careful with the USD because there are number of potential scenarios that could happen. The theme with printing money has been now dragging forever, so many people got burnt, so if you want to hedge your US dollar account, simply look at other currencies charts (including gold/silver), say weekly or monthly timeframe, and let the charts guide you. On a side note, for example, Jim Rogers is brilliant investor, and he has been bearish on the US economy for decades, his hypothesis seems rational, yet the market just goes wherever it goes regardless of our hypothesis / expectations.
The actual quote is a well know saying from John Maynard Keynes – “Markets can remain irrational longer than you can remain solvent”.
Probably the BRICS currency. As it will probably start to slowly replace the dollar as the World's Reserve Currency for large swaths of the global population.