Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ex-Texan

Excellent warning! I know you have become unpopular with some people for beating the drum on this topic, but I think you will be proven to be on the right side of history..


21 posted on 11/20/2005 2:15:33 PM PST by Mini-14
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Mini-14

"Excellent warning!"

Well, if you feel the need to counter the risk you perceive, just don't hand your money over to the hack that wrote this, then.

Anybody who is thoroughly freaked out about the bubble thing should go to Everbank.com and open up a CD denominated in Swiss Francs, a gold-backed currency.

At least you won't be paying commission to some fear-mongering @-hole who's fanning the flames for his own benefit.

But, to complicate matters for the dollar-collapse crowd, the dollar has been rising of late. This will eat into any putative return you might make on any foreign currency denominated account. Sooner or later, the dollar will ease again, which would increase the rate of return, provided that the currency you chose remained stable or rose.

And, no, I have no affiliation with Everbank. I do have a couple of CDs there, including one denominated in Swiss Francs. Just in case the you-know-what ever really does hit the fan, lol.


25 posted on 11/20/2005 2:26:13 PM PST by RegulatorCountry
[ Post Reply | Private Reply | To 21 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson