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Originally Posted by sleepy
The yen, paso, euro.
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I'd go with the Euro, but not the peso. It's tied to us. The Yen I wouldn't feel secure in either--not until I've studied more. I think Asian markets are tied to US spending too. If worst comes to worse, I don't think gold or silver is secure for a private investor either. In the past, the government has forced all precious metal holders to turn in their gold and silver for a price. Then you're left with either less valuble cash or a new reserve currency because your US Dollar is worthless.
Thanks Antman. drailed the stocks are fine right up until they tank. Which is what I foresee happening by early to mid '09--possibly sooner. I did well trading a few yrs back, but I'm not going to fool with stocks. This is disaster preparedness money. I'm preparing for a flood so to speak.
This is not money for retirement planning. It would be a lump that I'm not currently in need of, but must be liquid. Cash from Pontiac parts and car sales.