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View Diary: "79% of investors have no trust in the financial system." (154 comments)

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  •  T bills probably not good (1+ / 0-)
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    Odysseus

    Record low yields, risk of price slide, jittery US credit markets, risk of downgrade, etc.

    They certainly aren't the worst or even (IMO) a particularly bad investment, but they aren't great, either, even as a safety hedge.

    (-5.50,-6.67): Left Libertarian
    Leadership doesn't mean taking a straw poll and then just throwing up your hands. -Jyrinx

    by Sparhawk on Wed Jan 16, 2013 at 09:10:58 AM PST

    [ Parent ]

    •  Freeze-dried food (0+ / 0-)

      seeds, and shotgun shells might be a better investment, but I'm not to that point yet. So I'll wait with most in cash and see if our financial leaders rediscover the value of stability and sanity.  

      •  Actually, if you are expecting collapse then (0+ / 0-)

        a bow and arrows (as well as knowing how to make your own from wood, stone/copper/bronze and bird feathers) is probably better than a gun plus ammo.

        You have watched Faux News, now lose 2d10 SAN.

        by Throw The Bums Out on Wed Jan 16, 2013 at 10:53:37 PM PST

        [ Parent ]

        •  We have a bow (0+ / 0-)

          but I have no real skill shooting it, and have never tried my hand at making bows and arrows. I suppose I might put a little time into that if it was the difference between eating and going hungry.

          I'm not expecting or prepping for a collapse. But my confidence/trust in our business "leaders" couldn't get much lower.

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