What is your suggestion for someone who has become 90% liquid (USD) during the last year? Where does one find a safe haven these days?>>>>>>>>>>>>>>>
Take money and place it in an offshore account in a national bank that is highly regulated. But the best would be to go off shore, say to China,India,Australia, Brazil or Canada....
AS A BRAZILIAN I can tell you guys... put your money in a savings account with any registred Brazilian Banks because in Brazil saving accounts have a assurance from the Brazilian Government up to a limit.
Out of that prefer to work with the Government Banks like Bank do Brazil and Caixa Economica Federal because they belong to the government but...
Prepare for devaluation, the brazilian currency has coming from 4,00 to 1 USdolar (2002) upt to 1,55 to 1 USdolar (ago, 2008). By now its value is 2,00 to 1 USdolar and going down.
In five years a bottle of soda will cost five dollars.