World Turned upside down

[Bubblesitter]

Problem with holding physical is you get ripped off by most places.

I hear buying gold at Dubai gold souk is one of the better ways, if you happen to be in Dubai. Of course you would have to report any gold valued > 10K when you come back to the states.

As for storing, a Standard safety deposit box will hold multiple 100Ks, will get bit heavy. I suppose if all hell breaks loose, for the paranoid even safety deposit boxes are unsafe. Storing at home would require for me a very secure safe, and I would still insure it.
Bubblesitter. (no longer real bubble sitter, I bought a house a over a year ago. See thread on “bubblesitter buys”)

[investor]

BS. If you do wire transfers, no reporting to the government/IRS. Still supposed to claim capital gains. I’ve bought off of mike maloney’s web site and I was pleased.

[investor]

BS. If you do wire transfers, no reporting to the government/IRS. Still supposed to claim capital gains. I’ve bought off of mike maloney’s web site and I was pleased.

[investor]

BS. If you do wire transfers, no reporting to the government/IRS. Still supposed to claim capital gains. I’ve bought off of mike maloney’s web site and I was pleased.

[investor]

BS. If you do wire transfers, no reporting to the government/IRS. Still supposed to claim capital gains. I’ve bought off of mike maloney’s web site and I was pleased.

[investor]

BS. If you do wire transfers, no reporting to the government/IRS. Still supposed to claim capital gains. I’ve bought off of mike maloney’s web site and I was pleased.

[CA renter]

[quote=mike92104]I think the opposite as far as congressional pay is concerned. I think they should be given significant raises, but banned from any and all lobby money in any form.[/quote]

Totally agree with this.

If we have term limits, there’s no guarantee we’ll get anything better the next round. Chances are, the PTB would just cycle their puppets through anyway. At least without term limits, we know who the puppets are.

[CA renter]

[quote=mike92104]I think the opposite as far as congressional pay is concerned. I think they should be given significant raises, but banned from any and all lobby money in any form.[/quote]

Totally agree with this.

If we have term limits, there’s no guarantee we’ll get anything better the next round. Chances are, the PTB would just cycle their puppets through anyway. At least without term limits, we know who the puppets are.

[CA renter]

[quote=mike92104]I think the opposite as far as congressional pay is concerned. I think they should be given significant raises, but banned from any and all lobby money in any form.[/quote]

Totally agree with this.

If we have term limits, there’s no guarantee we’ll get anything better the next round. Chances are, the PTB would just cycle their puppets through anyway. At least without term limits, we know who the puppets are.

[CA renter]

[quote=mike92104]I think the opposite as far as congressional pay is concerned. I think they should be given significant raises, but banned from any and all lobby money in any form.[/quote]

Totally agree with this.

If we have term limits, there’s no guarantee we’ll get anything better the next round. Chances are, the PTB would just cycle their puppets through anyway. At least without term limits, we know who the puppets are.

[CA renter]

[quote=mike92104]I think the opposite as far as congressional pay is concerned. I think they should be given significant raises, but banned from any and all lobby money in any form.[/quote]

Totally agree with this.

If we have term limits, there’s no guarantee we’ll get anything better the next round. Chances are, the PTB would just cycle their puppets through anyway. At least without term limits, we know who the puppets are.

[Bubblesitter]

I’m increasingly being convinced that there is now a higher probability (although still low…say 10%) of a “world turned upside down” scenario occuring’.

I think it may be manifested in a sovereign debt problem that expands beyond Greece and Ireland into Portugal, Spain, Italy and beyond. US may take some temporary benefit as safe haven investment, but with 70% of US debt maturing in 5 years or less, , we will be a world of hurt it yields need to go up.

Deadlocked, partisan congress will not tackle any near term or long term structural reform.

I’m trying to provide some protection of my hard earned assets in event of this increasingly likely “black swan” event.

Bubblesitter

[Bubblesitter]

I’m increasingly being convinced that there is now a higher probability (although still low…say 10%) of a “world turned upside down” scenario occuring’.

I think it may be manifested in a sovereign debt problem that expands beyond Greece and Ireland into Portugal, Spain, Italy and beyond. US may take some temporary benefit as safe haven investment, but with 70% of US debt maturing in 5 years or less, , we will be a world of hurt it yields need to go up.

Deadlocked, partisan congress will not tackle any near term or long term structural reform.

I’m trying to provide some protection of my hard earned assets in event of this increasingly likely “black swan” event.

Bubblesitter

[Bubblesitter]

I’m increasingly being convinced that there is now a higher probability (although still low…say 10%) of a “world turned upside down” scenario occuring’.

I think it may be manifested in a sovereign debt problem that expands beyond Greece and Ireland into Portugal, Spain, Italy and beyond. US may take some temporary benefit as safe haven investment, but with 70% of US debt maturing in 5 years or less, , we will be a world of hurt it yields need to go up.

Deadlocked, partisan congress will not tackle any near term or long term structural reform.

I’m trying to provide some protection of my hard earned assets in event of this increasingly likely “black swan” event.

Bubblesitter

[Bubblesitter]

I’m increasingly being convinced that there is now a higher probability (although still low…say 10%) of a “world turned upside down” scenario occuring’.

I think it may be manifested in a sovereign debt problem that expands beyond Greece and Ireland into Portugal, Spain, Italy and beyond. US may take some temporary benefit as safe haven investment, but with 70% of US debt maturing in 5 years or less, , we will be a world of hurt it yields need to go up.

Deadlocked, partisan congress will not tackle any near term or long term structural reform.

I’m trying to provide some protection of my hard earned assets in event of this increasingly likely “black swan” event.

Bubblesitter

[Author]

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