[Venturer]

I agree with Schiff that we are heading for disaster, I only wish I knew how to save my savings.

[Sirius Lee]

I only wish I knew how to save my savings.

The only true way to preserve wealth is to preserve your ability to create it. Ever wonder how a millionaire can lose everything and be back on top a few years later, yet a lottery winner will manage to be broke in that same time?

[silverleaf]

convert some of it to precious metals
not as an investment but as a wealth preserver
check out silver while you can still find it

Soros Rogers and Buffet are trying to talk down gold but
then, those guys can buy entire small nations and own their own farmlands river and mines

Meanwhile China is trying to own all the gold in the world
and every world government is trying to “repatriate”
its gold reserves

what do they know?

[Teacher317]

I only wish I knew how to save my savings.

Invest in items that will have greater wealth once things go south... or in the ability to acquire those items at that time.

[yorkiemom]

I agree with Schiff that we are heading for disaster, I only wish I knew how to save my savings.

Me too. Here's my plan, if TSTHF in 3 years or more. If it's sooner than that, then I'm screwed. Move to a rural area and buy 40-50 acres, some tillable but mostly wooded. I'll need the wood for heating and cooking and 10 acres would grow/raise everything I need for food. Buy 1 or 2 rentals, low cost ones and putting only 20% down, so the tenants pay the rest. That way, if property prices fall, I'm only out the 20%. If, as Schiff says, interest rates rise and the dollar falls, tangibles should go up in price. If anyone has money to pay for them, that is. Cheap housing should do ok. Got some PMs bought at a low price years ago. I'm hanging into them, no matter what. And may buy more if the price dips even more. Other than that - I'm not sure what to do with the cash that is left and will evaporate. If you come up with anything good, left me know!

[Georgia Girl 2]

We are in sinc with Peter Schiff. We are putting our money in a rural retreat, food, gold, junk silver and guns and ammo. When this house of cards comes down its going to be a nightmare if you are not prepared to be self sufficient.

[JAKraig]

I agree with Schiff that we are heading for disaster, I only wish I knew how to save my savings.

____________________________________________________________

Convert your savings to silver, other precious metals like brass & lead, real estate and consumables.

Where every you end up putting your money don't depend on someone else to protect what ever it is you have it in. Business will fail. Banks will fail. If you have real estate get it paid for. Do it NOW!