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Strategies & Market Trends : The coming US dollar crisis

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To: GST who wrote (20948)6/23/2009 9:53:12 PM
From: Skeeter Bug  Read Replies (4) of 71455
 
GST and all, so what does one do with cash?

does one invest it all in gold? i'm afraid that we hit a time frame where global depression hist and the commodities around the world, including gold, get smashed again - maybe worse than before.

even if gold works well long term, i'm not down for a 50% haircut between now and then.

i've tried playing this market and it has played me. i had my play money limit and i reached it. no more play money. i quadrupled my ngd and the mini collapse in gld this morning shook me out - of course it went up after i sold.

what to do?
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