[PrestonSturges]

REREX (American Funds EuroPacific) has been very very good for me over the last 5 years, but you got to pull back when the US and EU both drop. For the first time since April 2008 I'm entirely out of the market as of a couple days ago, having moved everything into $USD money markets.

[copious.abundance]

$this->bbcode_second_pass_quote('OilFinder2', 'I')f the dollar appreciates 30% over the next 6-12 months, it's time to head for the hills.

[ColossalContrarian]

I've already lost $60 on silver that hasn't even arrived at my door yet! Wammo, Tuesday night got me good.

[EnergyUnlimited]

20 silver eagles (your likely purchase) won't make you rich... However, in some versions of doom-light scenario it can keep you going for 2-4 months.

[ColossalContrarian]

Maple Leafs actually and over time it really is just about saving money outside a bank and the dollar. Not everyone is looking to get rich. Sometimes it's Philharmonics, Panda's or the Kukabura (sp?) at this moment the Buffalo rounds seem best but I'll wait another week before making another purchase. Better than putting it in the bank IMO but I could be wrong and I know nothing about economics, I just hate banks.

[ColossalContrarian]

What's worse actually is I've been waiting to get my self a .44 Raging Bull and that was what I had to chose between, the Raging Bull or Silver. The price comes out less for the Raging Bull in my part of town ~$580 but I have a feeling 5 years from now the Silver will be worth more. Plus .44 ammo is getting pricey so it'd just be a money pit...

[PrestonSturges]

Once you have 500 pieces of brass you can say "Darling, it'd be crazy not to buy that reloading press!"

[ColossalContrarian]

$this->bbcode_second_pass_quote('PrestonSturges', 'O')nce you have 500 pieces of brass you can say "Darling, it'd be crazy not to buy that reloading press!"

[PrestonSturges]

I would have more, but a local gunshop used to give 10% off ammo if you returned a box of brass.

But I also rediscovered some ammo I'd bought 5 years ago, and that had definitely increased in value by $5 a box.

[kublikhan]

$this->bbcode_second_pass_quote('OilFinder2', '')$this->bbcode_second_pass_quote('OilFinder2', 'I')f the dollar appreciates 30% over the next 6-12 months, it's time to head for the hills.

[peripato]

$this->bbcode_second_pass_quote('OilFinder2', '')$this->bbcode_second_pass_quote('OilFinder2', 'I')f the dollar appreciates 30% over the next 6-12 months, it's time to head for the hills.

[prajeshbhat]

$this->bbcode_second_pass_quote('peripato', 'W')ell for once Oily and I are on the same page. All the widespread nonsense about the dollar becoming worthless, blah, blah blah. In a crisis the dollar and treasuries are the retreat to beat and this crisis will be one for the ages - if it truly is it. Destruction for the dollar will come, but not before all other fiat currencies.

[NoWorries]

Does anyone here really believe the dollar will go up by 30% over next 12 mos (from date of article)?

[dolanbaker]

$this->bbcode_second_pass_quote('NoWorries', 'D')oes anyone here really believe the dollar will go up by 30% over next 12 mos (from date of article)?

[prajeshbhat]

When all else fails, the reserve currency will be the final safe haven. So yes, the dollar could rise against all other currencies in the short run.

[TreeFarmer]

30% is, imo, the upper limit. I would NOT be surprised to see a 15% appreciation.

But then again, it is all in how you measure it. Against other currencies is one thing, against commodities in a contracting world-wide environment is quite another. I would NOT be surprised to see a number of commodities fall 50% in price relative to the US dollar.

Treefarmer

[peripato]

$this->bbcode_second_pass_quote('prajeshbhat', 'W')hen all else fails, the reserve currency will be the final safe haven. So yes, the dollar could rise against all other currencies in the short run.

[peripato]

$this->bbcode_second_pass_quote('TreeFarmer', '3')0% is, imo, the upper limit. I would NOT be surprised to see a 15% appreciation.

But then again, it is all in how you measure it. Against other currencies is one thing, against commodities in a contracting world-wide environment is quite another. I would NOT be surprised to see a number of commodities fall 50% in price relative to the US dollar.

Treefarmer

[PrestonSturges]

As I said before, the folks over at

http://theautomaticearth.blogspot.com/

have been predicting these macroeconomic currency and stock swings with remarkable accuracy for the last several years, and they aren't trying to scare you into buying a bunch of crap either.

[smiley]

This might throw a spanner in the works.

Government inching closing to shutdown
CNN