De-Dollarisation.

[andrewfi]

Sorry, I'm not a financial advisor or tea leaf reader.

WRT government bonds, congrats on understanding the 'no risk' aspect. Don't forget though that that's more of an accounting convention than it is a reality. More accurately, one should refer to them as 'lowest risk' investments. They are the standard against which other investment forms are measured.

Again, not an advisor, but given that bonds reflect an estimate of the future price of money, one might expect other riskier forms of investment will also offer higher returns along with the concommitant risk.

Ask yourself what value you should place on risk avoidance in your investing strategy. That value will vary according to purpose and timing of the goals of your investments.