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samuraiwriter
Joined: 09 Jun 2007 Posts: 41
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Posted: Thu Oct 23, 2008 6:34 pm Post subject: Finally USD relief |
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1.67!
One month ago - 1.23
How low will it go? Never been so happy to have that USD paycheck, especially of late. |
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keitepai
Joined: 23 Feb 2008 Posts: 143 Location: Istanbul
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Posted: Thu Oct 23, 2008 6:54 pm Post subject: |
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Yes!!! At last - I just want it to hold...........any experts out there or predictions?  |
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scot47

Joined: 10 Jan 2003 Posts: 15343
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Posted: Fri Oct 24, 2008 7:01 am Post subject: |
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The New Great Depression is with us. The world got out of the last one though deficit financing to pay for WW2. Hold on to you hats. Is your fallout shelter ready and well-stocked ? |
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samuraiwriter
Joined: 09 Jun 2007 Posts: 41
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Posted: Fri Oct 24, 2008 7:32 am Post subject: |
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scot47 wrote: |
The New Great Depression is with us. The world got out of the last one though deficit financing to pay for WW2. Hold on to you hats. Is your fallout shelter ready and well-stocked ? |
My only question is what form of cash should I keep around in my "earthquake fund?" USD? YTL? In the long term (12+ months) which will hang on to it's value?
I imagine the YTL is still over valued and has a bit further to go.
Thoughts? |
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scot47

Joined: 10 Jan 2003 Posts: 15343
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Posted: Sat Oct 25, 2008 3:57 pm Post subject: |
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Gold sovereigns, Louis d'Or, Krugerands. |
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stillnosheep

Joined: 01 Mar 2004 Posts: 2068 Location: eslcafe
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Posted: Sat Oct 25, 2008 10:33 pm Post subject: |
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Tins of baked beans, bottled water...potato tubers, grain seeds...arable land in countryside with own water supply, preferably in mountains or otherwise away from major population centres and easily defensible... |
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