I am watching closely and wanting badly to diversify into various other currencies. However, I'm not all that good at predictions. I do have a small gold position, but it's in a mutual fund, so no physical gold at this point.
However, when my family who knows I'm watchful of world economics asks me what I think? I tell them I'm going long on 'tuna and PB'. Meaning long-term storage groceries. And I am. As I said before on these forums, "I don't want to be left holding Confederate dollars, after the war is over."
It's a quandry I'm dealing with daily when any new money comes in to be invested, and right now especially because it's asset allocation rebalancing time for us. Where to put it with long term low risk vs. inflation risk vs. opportunity costs vs. lower/higher interest possibilities vs. dollar collapse possibilites. A girl gets dizzy!
|