Want to feel good about the staying power of the US Dollar? Look no further than the Turkish Lira. Below is a chart of the Lira versus the Dollar over many decades, and I assume at this point I can buy a mansion in Istanbul with what’s in my wallet right now.
I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit for the gains – – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.
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