Market watch advises people to move their money out of the country

[Casper in Dallas]

Originally Posted by southbel

Just like those who flocked to buy gold because Obama was going to be the 'fall of the US', this article of fear mongering is on the same level. It's not necessarily going to hurt someone financially (and buying gold did not either) but it's largely unnecessary.

Their assets, their call. I have some gold, not a lot, but it has done nothing but increase in value, so it really was not bad for a small investment, plus Gold will always hold some value, any paper money can become worthless very quickly or in the long haul due to stupid government spending and printing money without any real value than what markets say it is worth.

[southbel]

Originally Posted by Casper in Dallas

Their assets, their call. I have some gold, not a lot, but it has done nothing but increase in value, so it really was not bad for a small investment, plus Gold will always hold some value, any paper money can become worthless very quickly or in the long haul due to stupid government spending and printing money without any real value than what markets say it is worth.

And that's why I said it wouldn't necessarily hurt them financially and frankly diversification of assets is always a good thing anyway. I just get a bit tired of when people are making a political argument and trying to mask it as something else. That was fundamentally my point. This isn't financial advice, it's a political argument.