What Currency Is Gonna Fucking Survive!?!?!

**IllTestYourGirls** · 03-01-2009, 08:38 AM

Gold and Silver my friend. Buy it now.

**HorseShit** · 03-01-2009, 08:38 AM

gold will survive

**notime** · 03-01-2009, 08:58 AM

gold, water, food & hot chicks
stock those

**drriley** · 03-01-2009, 09:10 AM

Canada rated world's soundest bank system

*Sorry I can't post the link to the article (not until I have 30+ posts on GFY). But, you can find it yourself, if interested, by doing a Google search for "canada most stable banking system" and you will find this, and a few other articles relating to the Canadian banking system, CAD, and Canadian economy.

**Yes, I know that banking system stability does not necessarily equal currency stability. But, Canada is well positioned to weather the global economic crisis, and recover without too much difficulty. Canada is the only Western nation where there have not been bank bailouts.

From Reuters.
Oct. 9, 2008

CANBERRA (Reuters) - Canada has the world's soundest banking system, closely followed by Sweden, Luxembourg and Australia, a survey by the World Economic Forum has found as financial crisis and bank failures shake world markets.

But Britain, which once ranked in the top five, has slipped to 44th place behind El Salvador and Peru, after a 50 billion pound ($86.5 billion) pledge this week by the government to bolster bank balance sheets.

The United States, where some of Wall Street's biggest financial names have collapsed in recent weeks, rated only 40, just behind Germany at 39, and smaller states such as Barbados, Estonia and even Namibia, in southern Africa.

The United States was on Thursday considering buying a slice of debt-laden banks to inject trust back into lending between financial institutions now too wary of one another to lend.

The World Economic Forum's Global Competitiveness Report based its findings on opinions of executives, and handed banks a score between 1.0 (insolvent and possibly requiring a government bailout) and 7.0 (healthy, with sound balance sheets).

Canadian banks received 6.8, just ahead of Sweden (6.7), Luxembourg (6.7), Australia (6.7) and Denmark (6.7).

UK banks collectively scored 6.0, narrowly behind the United States, Germany and Botswana, all with 6.1. France, in 19th place, scored 6.5 for soundness, while Switzerland's banking system scored the same in 16th place, as did Singapore (13th).

The ranking index was released as central banks in Europe, the United States, China, Canada, Sweden and Switzerland slashed interest rates in a bid to end to panic selling on markets and restore trust in the shaken banking system.

The Netherlands (6.7), Belgium (6.6), New Zealand (6.6), Malta (6.6) rounded out the WEF's banking top 10 with Ireland, whose government unilaterally pledged last week to guarantee personal and corporate deposits at its six major banks.

Also scoring well were Chile (6.5, 18th) and Spain, South Africa, Norway, Hong Kong and Finland all ending up in the top 20.

At the bottom of the list was Algeria in 134th place, with its banks scoring 3.9 to be just below Libya (4.0), Lesotho (4.1), the Kyrgyz Republic (4.1) and both Argentina and East Timor (4.2).

**qxm** · 03-01-2009, 09:14 AM

Gold is the way my son... stay a way from CDO's

**brassmonkey** · 03-01-2009, 09:16 AM

money will always be around just people will have less of it

**Naphtansa** · 03-01-2009, 09:19 AM

Who cares if you have something durable to keep and exchange ?
you could try to buy typo domains ...

**Agent 488** · 03-01-2009, 09:22 AM

can't eat gold. can't use gold to fix a car or fridge. can't use gold to plant a garden.

buy useful goods you can trade with later.

**The Duck** · 03-01-2009, 09:23 AM

Gold probably.

**Agent 488** · 03-01-2009, 09:25 AM

about the canadian banking system - most of these type of articles come from surveys of ceos and such, not on any objective research. fact is, no one really knows how safe the canadian banks are or what kind of shape they are in.

**seeandsee** · 03-01-2009, 09:26 AM

just buy gold

**MakingItPay** · 03-01-2009, 09:35 AM

Gold, Silver, Scotch, Ammunition, Stock up on wheat, Rice, Beans. If US currency fails others are soon to follow.

**Reak AGV** · 03-01-2009, 09:41 AM

My gold stocks only have been going up, for like last year or so

**Dood** · 03-01-2009, 10:10 AM

Originally posted by Reak AGV

My gold stocks only have been going up, for like last year or so

Don't buy stocks in gold mining companies, production is down. Invest in gold bullion.

**Davy** · 03-01-2009, 10:28 AM

Some people in Germany are starting to invest in potatoes. No shit.

**DarkJedi** · 03-01-2009, 10:29 AM

japanese Y

**cykoe6** · 03-01-2009, 10:29 AM

Originally posted by budsbabes

can't eat gold. can't use gold to fix a car or fridge. can't use gold to plant a garden.

buy useful goods you can trade with later.

Gold has very little intrinsic value. It is the original fiat currency. Guns, ammo and gasoline will have the most value if there is a full scale societal and economic collapse.

**Axel XXX** · 03-01-2009, 10:43 AM

GOLD

... or Chinese Yuan maybe

**Cyber Fucker** · 03-01-2009, 10:47 AM

gold

**xmas13** · 03-01-2009, 10:51 AM

Brain + Education + Rolodex + ...

**qwe** · 03-01-2009, 10:53 AM

Originally posted by budsbabes

about the canadian banking system - most of these type of articles come from surveys of ceos and such, not on any objective research. fact is, no one really knows how safe the canadian banks are or what kind of shape they are in.

well, there was not one bank bailout, so it must be in a better shape then us/euro banks

**notoldschool** · 03-01-2009, 11:06 AM

start a farm.

**v4 media** · 03-01-2009, 11:14 AM

any commodity is usually settled in USD, So even if you buy gold, you're tied to the USD.

As China has decided to keep buying US Debt, and the liquidity of the currency, I think the USD is the most stable of the major currencies.

**SexualDragon** · 03-01-2009, 11:15 AM

the amero

**zzgundamnzz** · 03-01-2009, 11:28 AM

Gold, Silver, Platinum and other precious metals.

**ContentPimp** · 03-01-2009, 11:31 AM

real estate

**notoldschool** · 03-01-2009, 11:33 AM

Originally posted by tinafaye

real estate

**brassmonkey** · 03-01-2009, 11:39 AM

ruppees for sure

**pixovore** · 03-01-2009, 11:41 AM

Originally posted by notime

gold, water, food & hot chicks
stock those

Brillant!!
and well balanced...

**blonda80** · 03-01-2009, 12:30 PM

gold, platinum and diamonds

**Vendot** · 03-01-2009, 12:35 PM

Holy fuck........ OK lets say, you already bought enough gold and want some currency.

then what do you choose?

**$5 submissions** · 03-01-2009, 01:30 PM

Invest in GOLD. If you don't want the metal, invest in GOLD EFTs.

**The Seduction of Art** · 03-01-2009, 02:36 PM

Hummel Figures.

JD · 03-01-2009, 02:38 PM

cocaine...

**Voodoo** · 03-01-2009, 02:41 PM

Exchange for the Amero.

**collegeboobies** · 03-01-2009, 02:48 PM

gold you idiot. lasts longer than bananas

**collegeboobies** · 03-01-2009, 02:49 PM

Originally posted by budsbabes

can't eat gold. can't use gold to fix a car or fridge. can't use gold to plant a garden.

buy useful goods you can trade with later.

You cant eat currency either. You are an idiot if you think people wouldnt take gold to fix your car, sell you seeds for garden, or whatever the fuck else you need.

**Ethersync** · 03-01-2009, 03:09 PM

How much money are we talking? Personally, my "savings/retirement" is now all gold bullion plus a little silver (not much). I have a large amount of cash in Dollars that I want to keep liquid so that I can pounce on interesting investment opportunities that will present themselves in the coming years. Depressions are great times to make a fortune... if you have cash.

Get out of the Euro.

Get out of the Pound.

I will not be surprised if gold goes down this year. That said I will also not be surprised if it does a moonshot. If it goes down I will buy more. If it goes up I will buy more too. I hope it goes down this year...

Each month about 80% of what I net I keep in dollars and with the remaining 20% I buy gold. If gold declines in price significantly I will probably put a larger percentage of what I net each month in gold.

Eventually the Dollar is going to be devalued hugely. That is how the US national debt will be paid off. When that time comes it will be a great time to have credit and a bad time to have cash.

Most importantly I watch damn closely what goes on every day politically and economically because things could change very quickly depending on what various governments do.

That's my

**Darkcrni** · 03-01-2009, 03:16 PM

AMERO, wait and see!

**Ethersync** · 03-01-2009, 03:52 PM

Originally posted by budsbabes

can't eat gold. can't use gold to fix a car or fridge. can't use gold to plant a garden.

buy useful goods you can trade with later.

If these economic problems knock us back to the stone age you are right... I do not see that happening though. Gold has been something people have valued since pre-historic times. The biggest risk is governments make gold illegal and force you to sell your bullion to them at a rate they set or risk it being confiscated. This has happened before and it was not so long ago.

**HomerSimpson** · 03-01-2009, 04:07 PM

Originally posted by Jesus H Christ

The most solid currency is the one backed by the biggest military.

beside gold I believe the above is totally true...

**brassmonkey** · 03-01-2009, 04:10 PM

Originally posted by JD

cocaine...

that could go with the term my money went up in smoke

**NextBigTube** · 03-01-2009, 07:41 PM

Zimbabwe Dollar. 3 Eggs can get you 100 Billion

Zimbabwe Dollar

**Redrob** · 03-01-2009, 08:03 PM

Even though the Japanese economy is in the tank, the yen is incredibly strong. I'd put my money in real estate in the Florida to Texas sunbelt. Yanks moving here so fast we still don't build enough houses. 42K yanks a year to Austin alone. Housing prices and commerical real estate are expected to continue to rise for the foreseable future.

**Porn Farmer** · 03-01-2009, 09:25 PM

Originally posted by Jesus H Christ

The most solid currency is the one backed by the biggest military.

Chinese yuan?

What Currency Is Gonna Fucking Survive!?!?!

What Currency Is Gonna Fucking Survive!?!?!

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