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If you assume, as I do, that the dollar will be devalued significantly, act defensively. Between 11/01 and this Spring the dollar dropped 30% against the euro. Just parking cash in a euro account for this period got you 30% and, internationally, you would have lost 30% in your US account.

One way to go is to buy gold & other metals (miners), international (especially Pacific/Asia) moving between bond funds & equitity funds by going with the current trend.

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