In today’s uncertain economy, it is understandable that people may turn to foreign currencies in search of profit and a sense of control over their money, however, they may not realize it is a form of speculation, not investment, which may well end with lack of control and significant loss.

Nouriel Roubini, a professor of economics and international business at New York University, in an e-mail message.

While Alluring, Foreign Currencies Can Be Elusive - New York Times

(via fred-wilson)