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Strategies & Market Trends : The coming US dollar crisis
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To: DebtBomb who wrote (27442)3/14/2010 8:57:33 PM
From: Ploni  Read Replies (1) of 71456
 
and oil and gold will likely skyrocket

Is it safe to own oil and gold stocks?

Or do you envision that the U.S. could start seizing brokerage accounts, or impose a 100% tax on excessive profits (capital gains)?

It's a lot harder to own physical gold, due to storage costs and transaction costs.

I think oil and gold stocks that trade on Canadian or Australian exchanges might be safer, though if they are held through an American broker, the U.S. could still find a way to seize the shares.
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