Redeem your Series E Bond this year - they no longer accrue interest

ZenGum · 12-12-2009, 05:14 PM

At the risk of being seen as alarmist and anti-American*, I suggest if you have any investments denominated in US$, that you get out ASAP. With the humungous government and national debt you folks are running, inflation and consequent devaluation of the US$ is very likely. This is why gold is at an all time high (appx $1,100 - 1,200 per ounce) and still trending upwards. People are trying to get out of the greenback.

I don't have any suggestions as to what you should invest in, though, except maybe ammo and canned food.

* I think of myself as un-Australian first, and anti-American second.

12-12-2009, 05:14 PM	#4
ZenGum Doctor Wtf Join Date: Oct 2007 Location: Badelaide, Baustralia Posts: 12,861	At the risk of being seen as alarmist and anti-American, I suggest if you have any investments denominated in US$, that you get out ASAP. With the humungous government and national debt you folks are running, inflation and consequent devaluation of the US$ is very likely. This is why gold is at an all time high (appx $1,100 - 1,200 per ounce) and still trending upwards. People are trying to get out of the greenback. I don't have any suggestions as to what you should invest in, though, except maybe ammo and canned food. I think of myself as un-Australian first, and anti-American second. __________________ Shut up and hug. MoreThanPretty, Nov 5, 2008. Just because I'm nominally polite, does not make me a pussy. Sundae Girl.

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