Convert Savings to "Safer" Currency during government shutdown

[Anonymous]

Anonymous wrote:

Anonymous wrote:I'm an economist. The dollar is still the safest currency on earth. It is not declining nearly as much as Fox News would have you believe.

That's funny, my husband is also an economist and we've steadily invested away from USD and into foreign currencies and commodities over the past decade. Our investments have appreciated significantly over that time.

The UST issued negative interest inflation protected bonds. That is how safe US dollars are - people are willing to accept negative interest. You invest in other currencies and assets to make money, not safely maintain your wealth. The money you make is the premium you earn for accepting risk. Your husband's being an economist doesn't mean YOU have any idea what you're talking about.

[Anonymous]

Anonymous wrote:Speculating in foreign currency exchange is pretty much straight out gambling so unless you are looking to gamble with your savings you should avoid it.

Yup.

[Anonymous]

I've been watching television and William Devine who used to be on Dynasty or Dallas , or was it Duck a Dynasty ??? At any rate he has a ranch and a plane, he advertises on Fox and he seems to be very sure of himself. He says I should invest in gold, because the Zombie Apocalypse is coming. William Devine is a very smart and man, so I'm taking his advice and I'm going to take out a second mortgage out on my house and buying gold every chance it get.

[Anonymous]

Anonymous wrote:I've been watching television and William Devine who used to be on Dynasty or Dallas , or was it Duck a Dynasty ??? At any rate he has a ranch and a plane, he advertises on Fox and he seems to be very sure of himself. He says I should invest in gold, because the Zombie Apocalypse is coming. William Devine is a very smart and man, so I'm taking his advice and I'm going to take out a second mortgage out on my house and buying gold every chance it get.

I just sent all my money to him directly. I trust him implicitly. He was great on Duck Dallas Dynasty.

[Anonymous]

I hear the Haitian Gourde is really a steal these days. Try that!

[Anonymous]

diversify and put half into Zimbabwe dollars. It's easy to remember the currency name. And who else has $1,000,000 bills! Makes you feel rich.