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Anyone have a problem with currency etf's?
Submitted by libertybrewcity on Sun, 09/20/2009 - 23:54
in
What's your take on currency etfs. A list of them: http://etf.stock-encyclopedia.com/category/currency-etfs.html » |
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metal
physical metal
in your hand
gold
silver
copper
lead
LXXI BC: Ego sum Spartacus // MDCCCLVII: I am Dred Scott // MCMVL: Ich bin Anne Frank // MMX: Je suis Assange // MMXI: Ik ben von NotHaus
Understand
For what is coming, use a simple formula.
Paper = Default
Work from there.
It will all evaporate, it a guessing game as to which day.
Hard metals in your hands = win.
Good Luck !
true
Well there is counter party risk.
If there was actually ever a true "meltdown," these would go the way of everything else. A true meltdown seems a little far fetched but who knows.
I think the conventional advise about trying to diversify makes sense though.