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Old 10-14-2008, 06:05 PM
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He's a Swiss Woof.

I'm an Arctic Woof, rarely seen by people. Pure white.
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Old 10-15-2008, 01:19 PM
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As usual this question is being answered with more opinion than usable information. Ck this link "The Crack Up Boom, Part X" by Ty Andros, FSU Editorial 10/13/2008 and it will give some insight on many countries individual financial positions and risks to their currencies. You may also want to put some research into Perth Mint accounts. Inflation will not happen for some time so you have enough time to research this move well so you can make an informed decision.
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Old 10-15-2008, 05:08 PM
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Quote:
Originally Posted by Momandboys View Post
Hello,

I have fair amount of cash, 2 little guys on my own to raise, mediocroe job skills. I bought some gold and silver (more as life preservation than an investment) and I will try to buy a inexpensive home with a large garden area.

I keep hearing from top economists dollars will soon be very devalued. They say that in 1929 cash was King, but not in these times. This is distressing as I have saved so many years!

These economists keep mentioning to invest in Swiss Francs, Japanese Yen and the Singapore dollar. I have no idea how to do this...are there any people educated in this area? I am not investment savvy but I pulled all my money out of mutual funds several months ago and it is now in CDs. I have a gut feeling that things are going to get extremely bad.

THANKS for any educated insight!!
Mom,

Investing in foreign currency is for those who have a lot of experience trading on the market. Short term CD and treasury bills are a good bet. Those who know how to scrimp and save will do just fine. It's the ones who are already sunk in debt and who don't know how to trim back their lifestyles who are going to struggle.

I think you'll be okay. Chin up!
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