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Re: Interesting article on the UN warning of the coming collapse of the USD
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Old 05-29-2011, 02:52 PM
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Default Re: Interesting article on the UN warning of the coming collapse of the USD

Quote:
Originally Posted by Tamarind View Post
Smartest thing is to keep multi-currency, or at least the Dollar, Euro, GBP, CHF. But nonetheless all will take a hit if $ falls, no doubt.

But then again, stashing millions of cash in the bank, is not the smartest idea either, some smart investments of assets that can be turned quickly in liquidity (gold,silver) are needed and a few hundreds of thousands in cash for black days.
True, but I prefer Canadian, or Australian dollars to USD. And also rubles Don't keep all your assets in one country, or even one continent. And of course precious metals.
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Re: Interesting article on the UN warning of the coming collapse of the USD
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Old 05-30-2011, 11:06 PM
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Default Re: Interesting article on the UN warning of the coming collapse of the USD

The USD is backed up only by ONE nation, that turn out to be an endless warrior, so no matter how many battles this "warrior" wins, it will takes only one lost battle and all will fall apart.
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