Thursday, September 15, 2011

Coming Currency Crisis - Financial Sense

by By Bud Conrad, Casey Research
...As to what speculators – what anyone – should do, it doesn’t really matter whether the fall of the dollar precipitates the level of crisis we expect. The steps we advocate are reasonable for anyone who doesn’t want to get hurt by a currency crisis: buying physical gold (and silver – both are still relatively cheap in inflation-adjusted dollars); getting a useful portion of one’s assets into a stable country outside of the US (preferably one with no involvement in the “War On Terror/Islam”); and investing a fraction of one’s portfolio in gold stocks....

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