Gold is a hunk of metal that I'm OK without
I see the data on the dollar and I'm concerned. But I'm just not into gold. So what do I do? Well, I wrote about three possible approaches that I believe deal with the problematic dollar, but are also better than gold.
In short, those approaches are:
- Commodity-producing companies (and, yes, this does include gold producers)
- Foreign companies (if the dollar is the problem, why not look to companies that work with other currencies?)
- Companies with pricing power (you don't need Coke to drive your car, but companies like Coke have the power to boost prices and not destroy volume)