Where are you putting your US Dollars?
 

I have a $100K sitting in a 4.5% savings account, but inflation is going to turn it into :2 cents: fast. Where/how are YOU safeguarding the value of your USD?

Whoa, where you getting 4.5% in a savings account? I can't find any over 4%.

Like the old days coffee cans in the backyard. lol

In my shoe box ;)

Well, they recently lowered their rates (again), but... https://bank.countrywide.com/

Now at 4.25%.

Under the mattress

Yeah, I have some stashed away like that too, but the USD is devaluing so fast that it's really dumb to hoard Benjamins right now. Many people are jumping on gold, but I think that may be reaching its peak. (???) Wish I'd bought gold 6-9 months ago.

This is not a joke. I just took this picture with my cell phone while I was pinching one off.

http://forgotston.com/wp-content/upl...ilet-paper.jpg

I hope there's a bucket of petrol on fire on the ground catching that roll.

Found a few good buys in the stock market which is keeping me ahead overall about 50% this year so far... Really not sure what is a safe investment right now, I don't think realestate has finished dropping yet either.

Donny was the smart one. He put his money on Christianity. In times of need people will turn to Jebus :2 cents:

Buy Euros.

lots of gun ammu, salt, water purification equipment

How does one go about putting it in a european bank if they live in the US? Do they pay similar interest rates ?

Buy gold on the big pullback that may be on its way. You can just use the Kitco pool account. Don't have that heavy yellow shit delivered as that is just plain stoopid. Plus you can sell in an instant if you wish.

Once it breaks and stays above $1k it should rise nicely after a few "tests".

The world is fucked in case you have not heard:thumbsup

Wow 4.5% that sucks one savings account here in Australia i have upped their rate from 6.65% to 6.9% today

Well, I lose value when I convert them to pounds. I lose value when I buy houses. I lose value when I buy shares.

Everything is fucked. SOoooooooooooooooooooooo...

My answer? Forget investments for now and concentrate on building my business - then when the good times come round again, I'll decide where to stick them.

i hear silver is even better to invest in

Im importing goods from us! It is SOOO cheap!

i put them down the shitter. it's cheaper than buying toilet paper...

Not for at least another year :)

I forgot about them. I guess with the troubles they've been having, I was a little skeptical about using them. I'm currently at ING.

Park your money in New Zealand...interest rates are high there. You can get 8.80% at the moment through WestPac NZ. Nice stable country with the backing of a large Australian bank. Very safe..
Rates

Not sure if they have a US dollar account, may have to convert into NZ dollars..

What about Steel and Copper ?
Since China and India are still building like crazy and need a lot of it.

but could someone from the us open an account there?

This is my dream! :1orglaugh

Can't see why not...I am in Australia and they let me open a New Zealand account. Try sending them an email.

I will, double intrest rates!

Only trouble is, if the US dollar makes a come back, and you convert to NZ dollars...you may end up losing out.

may be possible to keep it in usd...gonna get some more info

anyone else keep money in bank accounts in another country? seems like we could make some good money

home heating oil futures
http://www.wtrg.com/daily/heatingoilprice.html
http://www.wtrg.com/daily/small/hofclose.gif
http://www.google.com/search?hl=en&safe=off&q=home+heating+oil+futures&b tnG=Search

Cayman´s.. its the only real option you have if your a non us citizen..

Jesus saves, Moses invests:2 cents::winkwink: