Q: In your weekly newsletter #439 Q&A section, answering a question from Patricia, you said, “I should point out that currencies are not even great places to put money right now.”
Why are the currencies not great places to put money right now and what is needed to make them a great place?
A: Looking at the world model, currencies as a category are doing worse right now in relation to everything else. Depending on your beliefs, there are all sorts of reasons why currencies are doing so poorly. To make currencies a great place to be again, they would simply have to do better than everything else in the world model. Within currencies, I’m sure there are good trading opportunities if you specialize in that area.
