The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: ciajim who wrote (24738)	11/24/2009 1:08:41 PM
From: Tommaso	of 71474

It's easy to buy travelers checks in euros, Canadian, Swiss Francs, and other currencies. I would not keep these in a coffee can buried, however. A $5000 transaction should not attract attention. If you take more than $10,000 out of the country, it's not illegal but it can be seized if you do not declare it. Burying dollars in cans is a very bad idea. The can could rust through and leak and rot the money, and inflation can rot its value. I am taking you at your word, but if you are joking, then just call me stupid. Some banks will sell you travelers checks without fees if you have the right account. You can join the American Automobile association and avoid fees, but will lose a few percent on the exchange. If you are outside the U.S., you can use a bank card and get currency, but again will lose a little in the transaction. These are all small-time ways of doing things. Billionaires don't bother doing these things.

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