Can you give us some best and worst case scenarios? 1. Euro declared worthless 2. US markest react by doing X 3. ? 4?
Everything goes OK, scenario A. Euro disolves in orderly fashion. B.? Small uptick in Gold prices C. Germany and GB remain relativly stable? D. Greece and PIGS move to hyperinflation? Deflation? currency collapse C. Then stabalize by following the steps of say Argentina or such?
There is no safe harbor with the rule of law in the United States in doubt.
There is only one investment that makes sense at the present. That is to invest in a limited U.S government that is fiscally conservative and which returns to the rule of law. I invested more into political races in 2010 than I ever have before. We managed to buy time to limit the damage that this administration is doing.
In 2012, I intend to do even more to return to the rule of law and to sanity in the United States. When we succeed at that, other investments will be possible. Until we accomplish that, no other investment is safe, as ultimately, they all depend on the rule of law.