[Ken H]

Why keep savings in an account or CD which earns 1% or less interest and can be tied up by external developments like a bank failure, government seizure natural disaster or hyperinflation, at a time when food and fuel are rising at over a 10% retail rate?

What do you recommend as an alternative?

[research99]

For savings, I recommend you choose a metal: Gold or Lead, or both if you have extra funds.