Hello everyone,
We are looking to preserve value of our cash savings for the next 6-12 months. The savings are in USD. We would need to convert part of the savings into euros in about 4-5 months and are worried about dollar losing value against euro drastically.
Would buying a gold ETF be a good option to preserve that buying ability? Do not want to get into options or futures, too complicated and risky for us.
Thanks!