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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: benwood who wrote (17400)	2/6/2009 4:39:55 PM
From: Amelia Carhartt	Read Replies (1) \| Respond to of 71455

I think the idea has merit.

To: benwood who wrote (17400)	2/6/2009 8:13:01 PM
From: Nevada9999	Respond to of 71455

A 30 year mortgage at 4-5% would be a pretty good hedge against inflation. Put the down payment on a credit card at 0% and roll it. If you have the money to pay for the house, use it to buy gold and bury it in the yard. When it looks like the government is going to confiscate your brokerage account, naked short SPY and use the proceeds to pay off the house, or buy nine more houses with 10% down and ten times your net worth in credit default swaps against yourself... Think like a banker, you can't lose. Actually, I was just going to agree that you had a good idea, but the wheels started turning.

To: benwood who wrote (17400)	2/6/2009 9:35:03 PM
From: zebra4o1	Read Replies (1) \| Respond to of 71455

Argentina had debt denominated in dollars. For the US it will be much easier to confiscate by way of inflation. No need to do it right out in the open by seizing people's retirement accounts. I too am thinking of real estate as an inflation hedge. But I worry that you become a sitting duck for property taxes. Listened to an interview recently where European guy was explaining that property is the best thing for a government to tax. Everything else can be moved out of the tax jurisdiction if tax rates get too high.