To the USA, world crisis of liquidity, disorder with securities and falling of exchange quotations, a political situation in the world and possible, in the near future change of in the lead political forces in the United States very few people now leave hypothecary crisis indifferent and very few people is kept from forecasts concerning the further development of a situation. And as always usual people most suffer.
Let's discuss as well as where it is better to enclose the savings, there can be among us, will be skilled people in this question?

FDCIC insured banks are still the most secure place.

Under a deep rock buried in the ground

Also I heard that investing money in Gold is a good move because it holds value. I'm not sure on this but I have been hearing about it.

Gold prices are skyrocketing right now but they're not going to be forever, they'll eventually come down. Now is a good time to invest in gold but it might not hold value in the long term.

I found this article on gold very interesting.
Article on Gold

GP

That is very interesting, thanks for the new info Global Profits, I still say gold is a great place to invest.

Investing in Gold is the best option, because it is the safest investment. Stocks are down and no possible for next years.

Yes I agree investing it to gold is a good option.
But for me, you may invest your money on trust funds, annuity contracts, and insurance pension products. Just make sure they must be non-speculative, and with a track record of regular income payments to investors.

Hi william,

Now a day investing in gold is also not as safe as investing in some banks or buying insurance products. at least you will be assured that your money will be safely returned whenever we ask for withdrawals.

Regards
Oswal

I’ve read a lot from this forum that gold is a good option for investment but I’m still wondering if there is a negative aspect about this investment. It’s my nature to check the negative and positive sides first before investing into something.

and if I want to invest in gold where should I go?

Is it a good idea depositin on e-gold.com account?

All this talk reminds me of an economic situation i read about which happened in england a long long time ago. The pound was losing value and parliament didn't want to sell the English gold. Under advisement of this Milton guy some economic scholar of some sort (i think i got the name wrong...anyway). Parliament finally lifted the ban of buying gold and eventually gold came in huge sums into the country and stabilized the economy.

The last part is what i remember the most. I think Milton (or whoever it is I'm talking about) wrote the treatise on rent.

Let me just say one thing:

CD

Invest all of your money in CDs if you want safe interest and growth, and although the interest is very low in these bad economic times, it is insured. Split up your investments and you should be good to go.

There are better options to use to save your money than CDs. There are alternative strategies that will allow you put money away on a tax deferred basis: self complete during disability: and has a better return than CDs and most bonds. You can also leverage yourself using a little money to control a lot of money and you do not have to be 59.5 to access your money.

Hello, the best choice you can take into account is that of a fixed term account in a bank. Now we all know that banks are all directly involved with the crisis are therefore not an alternative solution. However there are other kinds of banks, the so-called offshore banks who are covered by the jurisdiction where they are and give the share of security that a customer needs in these times. The banks offer these benefits far outweigh the banks of the common, so I suggest you investigate a little about this type bank, as you yourself would be very beneficial. New Zealand can advise you to open your account, but surely you will find other alternatives.
Good luck!

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