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Cyprus bailout = money shift to tangible assets (gold, silver, etc...)
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<p>[QUOTE="Juan Blanco, post: 1668859, member: 41665"]<i>If</i> the Eurozone <i>devolves</i>, the "confiscation" (on <i>hundreds of millions </i>of small account holders) would be HUGE. But rocketing bullion prices might be (mostly) localized to the eurozone.</p><p><br /></p><p><b>WATCH PREMIUMS.</b></p><p><b><br /></b></p><p><b></b>THAT event might spark the ultimate or penultimate Investor Death Spike in PMs, YES. (I don't imagine that happening for several more years, IF.) Selling half your stash (for something undervalued) when Gold hits € POG 4x or whatever stratospheric # suddenly would be prudent ... don't cling to PMs forever and ever! The downside is always a shocker, too.</p><p><u><br /></u></p><p><u>In the event of a Euro collapse, for EU peeps without offshore accts:</u></p><p><u></u>I suppose buying best quality ART and antiques<i> might be </i>an appropriate alternative, if PMs there become super scarce/pricey. I looked at the stunning portfolio of a young EU artist this weekend - he's part of the brain-drain, fleeing Spain - and his art commands solid prices in Berlin and London. His painting are CHEAP! Admittedly, that's a risky asset and one I do NOT have any expertise, but still... your studying other alternative 'freak haven' investments NOW might pay off, if you need to fast-hedge in the future.[/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1668859, member: 41665"][I]If[/I] the Eurozone [I]devolves[/I], the "confiscation" (on [I]hundreds of millions [/I]of small account holders) would be HUGE. But rocketing bullion prices might be (mostly) localized to the eurozone. [B]WATCH PREMIUMS. [/B]THAT event might spark the ultimate or penultimate Investor Death Spike in PMs, YES. (I don't imagine that happening for several more years, IF.) Selling half your stash (for something undervalued) when Gold hits € POG 4x or whatever stratospheric # suddenly would be prudent ... don't cling to PMs forever and ever! The downside is always a shocker, too. [U] In the event of a Euro collapse, for EU peeps without offshore accts: [/U]I suppose buying best quality ART and antiques[I] might be [/I]an appropriate alternative, if PMs there become super scarce/pricey. I looked at the stunning portfolio of a young EU artist this weekend - he's part of the brain-drain, fleeing Spain - and his art commands solid prices in Berlin and London. His painting are CHEAP! Admittedly, that's a risky asset and one I do NOT have any expertise, but still... your studying other alternative 'freak haven' investments NOW might pay off, if you need to fast-hedge in the future.[/QUOTE]
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Cyprus bailout = money shift to tangible assets (gold, silver, etc...)
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