Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.
The Fed
Comments
-
Well short term treasuries SHY etf is one place... they barely move, and if that and other short term Treasuries ETF's have interrupted liquidity we are all in big trouble. I do remember when some money market funds either broke the buck and / or the discussion was happening but so far etf treasuries seem to be a haven. If treasuries seem to be the issue because of govt default then the Yen / US currency ETF would be the way to go because the YEN is the number 2 currency and would be the go to safe currency in the world at that moment. A sacred stash of crucifixes, worry beads, beenie babies and mood rings also make a fine investment at those moments.
If doomsday scenarios prevail then your giant warehouse of food, alcohol, toilet paper, tooth paste, gasoline and guns and ammunition become the new currency. I personally recommend 1,000 bottles of bourbon as the preferred currency at those moments.
