I want out of the dollar, Where should I go?

[Nofear777]

Gold, silver platinum maybe?

 

[Nofear777]

Quote from short&naked:

Dold is holding up well in a deflationary environment because it is being propped up by investor fear. That is not a solid foundation.

Agreed 100%

 

[jsv416]

Quote from Nofear777:

Agreed 100%

Disagree 100%

http://www.kitco.com/ind/hamilton/jan232009.html

 

[dcvtss]

omg kitco has a bullish gold article? It must be true!

 

[Reaver]

Create a short dollar basket via spot FX.

 

[lemeeeplay]

You don’t have much of a choice. These are all fiat currencies and tied to each other. You can run but you can’t hide.

 

[short&naked]

Quote from jsv416:

Disagree 100%

http://www.kitco.com/ind/hamilton/jan232009.html

Kitco is the biggest propaganda machine for gold bugs there is!

 

[makloda]

I love the gold bugs. When gold is going up it's because fiat currencies are going to hell. When gold is going down its media, market and Fed/Treasury manipulation.

 

[drsteph]

Quote from dhpar:

go home!

and i am serious. the rule number one in currency exposure is if you don't know for sure (which you almost never do) you should match your payables with receivables.

for instance if you are US based you should stay in the US dollar and protect against debasement via different channels, e.g. buy gold or sell treasuries as somebody already suggested.

The more I learn about this subject the more I realize this is really good advice.

 

[Nofear777]

Quote from jsv416:

Disagree 100%

http://www.kitco.com/ind/hamilton/jan232009.html

I disagree with that 100%.