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To: blam

So where do you put your money?


2 posted on 04/22/2013 2:08:03 PM PDT by E. Pluribus Unum ("Deficit spending is simply a scheme for the confiscation of wealth." --Alan Greenspan)
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To: E. Pluribus Unum
Some precious metal, some cash, some real estate. If the currency is inflated into toilet paper, the precious metal will be worth something. If deflation makes it hard to move the precious metal, the cash will get you though. Real estate will ride the inflation/deflation path. Try to have it free and clear so a mortgage doesn't eat you alive on the deflationary side.

Oh...don't leave it in a bank. You'll get a Cypriot haircut. The new buzzword is "bail in" as in "stealing all your depositor's assets"

5 posted on 04/22/2013 2:25:29 PM PDT by Myrddin
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To: E. Pluribus Unum
So where do you put your money?

Good question.

Banks aren't good. Stock market is on a bubble. Bond markets aren't good (plus, if you hold bonds in a company that Obama has targeted for takeover, you are SOL), real estate is a mess.

My advice would be beans, bullets and bandaids - the "3 b's".

7 posted on 04/22/2013 2:41:53 PM PDT by elkfersupper ( Member of the Original Defiant Class)
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To: E. Pluribus Unum
So where do you put your money?

Food and shelter, the means to produce it, and the means to protect it.

11 posted on 04/23/2013 6:03:39 AM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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