Coyote Blog

9 Comments

1. el coronado:

   Ummmm....I think we're really not supposed to talk about this....See: SEC/DoT/DHS Directive #666SHTF, "Otherwise the terrorists Win".

   November 8, 2011, 10:04 am

2. joshv:

   Smart move, a Euro in hand is worth a Euro. A Euro in a Greek Bank is mostly like to be converted to Drachma at some point in the not so distant future. Wait till this starts happening in Italy.

   November 8, 2011, 12:24 pm

3. Don:

   "Slow your roll, baby!"

   November 8, 2011, 12:55 pm

4. Bram:

   Why do I feel like a Roman in 407 wondering how bad it can get?

   November 8, 2011, 12:58 pm

5. joe:

   i would bet you can make that same chart for the usa too, just with a lower slope. the whole problem is what to do with cash...buy real estate that can crash further, crappy stocks that can flash crash, or gold/silver.

   November 8, 2011, 9:52 pm

6. John:

   I think I would be converting my Euros to Swiss Francs.

   November 9, 2011, 12:02 am

7. aeronathan:

   Expect the same of Italy in a week or two. German banks are going to be flush with Euros....

   November 9, 2011, 8:47 am

8. Bram:

   I'm thinking of converting all of my dollars to seeds and ammo. A little farm well away from major population centers with some goats and chickens would be an excellent investment.

   November 9, 2011, 9:11 am

9. caseyboy:

   Bram, you have it right. I think we are going to be "back to basics" when the monetary system crashes and leads to huge disruptions in the supply of food.

   November 9, 2011, 1:40 pm