Best currency?

[trading1]

Its the big question of course but whats the best currency? I can't believe Yen and Euro warrant best currency status given their economic distress. The AUD looks good but way overvalued, (NZD has 30% discount & more stable). Whats the argument against the CAD? It looks the best of a bad lot at the moment.

 

[ivanbaj]

The one that is accepted at this store

<img src="http://cache4.asset-cache.net/xc/75628941.jpg?v=1&c=IWSAsset&k=2&d=77BFBA49EF878921A343B2C87A49D8F57CA4E5082C99A8EE70E06D34AD4180EC6081D12CC429ECC3" />

 

[peilthetraveler]

Best currency is the zimbabwe dollar because its true value has now been establish. Every other currency on that list are all overvalued but the zim dollar is worth exactly what its worth.

 

[Kassz007]

Quote from peilthetraveler:

Best currency is the zimbabwe dollar because its true value has now been establish. Every other currency on that list are all overvalued but the zim dollar is worth exactly what its worth.

Please explain to me how every single currency is overvalued.

 

[emg]

GOLD is the best currency. The reason is, its not paper or made out of wood

 

[PaulRon]

Quote from peilthetraveler:

Best currency is the zimbabwe dollar because its true value has now been establish. Every other currency on that list are all overvalued but the zim dollar is worth exactly what its worth.

haha yes

 

[zdreg]

it is interesting that u left off the norwegian krone and the singapore $ and Israeli currency. In reality under extreme circumstances all fiat currencies are garbage,

 

[Kassz007]

Quote from emg:

GOLD is the best currency. The reason is, its not paper or made out of wood

The only problem with this is that gold is not a currency. Go try and buy lunch with your gold reserves.

 

[zdreg]

Quote from Kassz007:

The only problem with this is that gold is not a currency. Go try and buy lunch with your gold reserves.

not yet.
http://online.wsj.com/article/SB10001424052748703882304575465623070689934.html