It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

If the Dollar is dying, What should I do with my Savings?

page: 1
1

log in

join
share:

posted on Mar, 18 2008 @ 09:11 PM
link   
The Dollar is dying, yet my bank account is growing and so is my fear.

In today's world, what should I do with my money? Is the act of closing a bank account justified as terrorism today?

What should I invest in?

1. Guns?
2. Food?
3. Guns that shoot Food?
4. Gold?
5. Golden Guns?

Having lived through a little banking crisis in the 80s, and loosing 100s of dollars via said corruption ( a lot to me then, I was a kid), I am starting to fear that if I keep saving, eventually the dollar will die, and then what?

What happens when the dollar crashes?

What happens to my money? IF the Amero is introduced, does my bank account automatically switch over to a smaller amount in Ameros (ie 5000 USDs now, 1000 Ameros later?)

Any one have the answers?

Should I just buy gold? What should a young adult do with their savings in such a trivial bs driven market place?

Everyone is going crazy with fear, but who has some answers?

Please be advised, that I am a 20s something college grad who battles a crazy illness every few years (cluster headaches). All the money I have saved, is just that, something that keeps me afloat when I battle said illness. So what do I do?

What happened to those in the EU before they switched?

Are we all in the dark on this?

Thanks in advance.




posted on Mar, 18 2008 @ 09:13 PM
link   
canned food, water jugs batteries, bullets and trade the rest for metals!



posted on Mar, 18 2008 @ 09:33 PM
link   
Well you can't eat gold.

You can't eat stored provisions forever.

You can't defend yourself against irrational people who just want to take your food and gold.

So I would say aquire two to three times as much food as your neighbors. If you aquire 1000's of times more food than your neighbors, they won't like starving very much after they run out and will focus in on taking your stores.

Aquire enough gold to pay people to grow more food for you and your neighbors.

Aquire enough guns to shoot all of the starving hordes who attempt to raid your farm.

Aquire more gold to hire mercenaries to shoot the guns for you.

Aquire more food to feed the mercenaries.

Aquire more gold to hire people to manage your books to make sure that you are correctly paying your mercenaries and farmers and that no one is stealing.

Learn how you can keep more of your own gold, by paying your people with fractions of gold instead of whole amounts of gold. Switch out fractional gold currency for paper currency and sell off your gold thats on reserve.

Before your people find out that you sold all of thier gold on reserve and substituted it for worthless paper, buy more guns, start a war and blame everything on some illiterate brainwashed goat herders.


[edit on 18-3-2008 by In nothing we trust]



posted on Mar, 18 2008 @ 09:50 PM
link   
Place half of your assets into the Swiss Franc or the Euro, then buy as much gold as comfortable. Have a way to protect your self and your family. Order seeds now from places like Heritage Seeds or Baker Creek, they are non GMO non hybridized and you can check them out online. NOW. And remember to stock up on plenty of food so that when this all hits you will know that you have done all you could and can just take it with some semblance of security.

Start exercising and use yoga techniques to stretch your body and improve your breathing techniques which will help you to go deeper in meditation and that will help ground you and enable you to become part of the real story here the balance of good and evil. It will not matter which side you find yourself as long as you live consciously the side will find you.



posted on Mar, 21 2008 @ 02:16 AM
link   
squidboy,

Look up a man named Mo Ansari. He is a very knowledgeable investor and financial planner. Don't get swallowed up in the "hand wringing", "chicken little" sky is falling down crap. www.moeezansari.com

Study the financial markets and read some informed economists and investors. You said you are college educated, so do some reading.

If you start flopping around and buying guns and gold and all that other craziness your headaches will just get worse. If you buy gold now you are buying at the top of the market and you're just going to get screwed, besides, when was the last time you ate a gold sandwich.

Solid, diversified investing handled by a stable and professional money market manager is the kind of place to park your hard earned money, that's where I park my money. Personally, I'm involved with Franklin Templeton Funds, my rate of return has averaged over 12% over a 15 + yr. history. The news mongers are really Fear Mongers. Greed and Fear are the triggers, they play on peoples ignorance and emotions, don't fall for it.

Don't get caught up in trying to time markets or gamble on individual stocks either, it never works. You're better off going to the Indian Casino playing the slots or pitching quarters behind the local liquor store for crying out loud. Trust your gut and the information you read, ask questions of tried and true financial professionals. The message boards on abovetopsecret are not the place to get financial information. For crying out loud, you're listening to a bunch of anonymous nuts who do not have your best interest at heart. They mean well, but trust me, the most successful guys on the planet are not usually posting on these forums, if you know what I mean. No offense to the rest of you, but some of the garbage I read hear hurts my freaking head.

God's Speed!!

[edit on 21-3-2008 by sharkman]



posted on Mar, 21 2008 @ 04:15 AM
link   

squidboy said:

Everyone is going crazy with fear


Try not to make any decisions based on fear squidboy.

How can you accompolish that? By having whatever antar is having...that was some excellent advice all the way around


Look, I seriously doubt that the Dollar will ever be allowed to collapse...continue to devalue over the next 2 - 3 years before a rescue is devised...I think so. I think Gold is actually nearing an interim bottom (I would
), could still go a bit deeper though. It's currently a great store of value, but don't commit $ without first getting up to speed on Gold as an investment.

If antar is unavailable, seek-out a qualified financial advisor.

GL


[edit on 21-3-2008 by OBE1]



posted on Mar, 21 2008 @ 05:25 AM
link   
definitely guns that shoot food.








good post man lol made me laugh.
star for you.



new topics

top topics



 
1

log in

join