Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Tommaso who wrote (31025)	10/16/2010 5:27:13 PM
From: loantech	1 Recommendation Read Replies (1) \| Respond to of 71462

You could give some to charity or to an individual who does not have your smarts and luck.. Even a relative.... Or you could do like I did and donate a few years (3 hours a week) to delivering meals on wheels if they have the same program in Canada? Or what the hell a nice steam room room addition and the deck and hot tub...<G>

To: Tommaso who wrote (31025)	10/16/2010 5:52:08 PM
From: TH	Read Replies (1) \| Respond to of 71462

Tommaso, I think it is a very good question. And it opens up a good dozen other questions. I have no answer, but a similar problem. Two ideas. 1. Next year is of course not the end of debasement, so the simple solution for me is to wait until the Ten is paying 8% and then trade golden things for the <newly controlled fiscal restraint> that comes when you have rates at 8% or higher. Live easy on that 8% plus return. 2. As Richard Russell has said many times, we never sell our gold, for it is wealth. Clearly I don't know. GT TH

To: Tommaso who wrote (31025)	10/17/2010 12:19:33 AM
From: benwood	Respond to of 71462

I've been thinking about 'what next' too. Depends -- if I think the gov't is going to go under, I'd like to have some assets overseas (or in Canada). I have a notion to get another property in about two years. Not sure yet. Perhaps bullion and wait out the storm. Some is trapped in crappy 401k plans -- perhaps foreign funds. Maybe things will be looking up in the US, but the problem here is a too little quality training, too few growth industries. It's not a trivial problem, but at least I have don't have to solve it right away (so far as I know...).