You’re in the same boat as many others here, and I guess where you put your money in these uncertain times depends on your taste for risk. Cash or US Treasuries are almost certainly the safest places. You are well covered by FDIC insurance for the former. If you don’t like the idea of filing a claim, and are OK with low rates, look for banks with little exposure to toxic lending. Gold has been popular as a hedge, but probably would have been better if you’d bought a while back. The US$ has actually gained ground against many currencies, although I believe there will be efforts to keep it weak. The question is if not the dollar, then what are the alternatives? I’d keep it simple, and stay in cash until we’re out of the woods.
