No. of Recommendations: 1
<If the Fed floods the banks with cheap money (essentially "printing money"), the value of the dollar can decline, eating into your nest egg.

I'm not knowledgeable enough about investing in foriegn currencies to make a big swing in that direction and I have as little faith in the soundness of financial reporting in foreign countries as I do with American countries so there aren't many easy, obvious, attractive alternatives.>

I agree with you completely.

The doomsday scenario investment, as we have heard so many times, is gold. However, gold is just another commodity, with no yield and a high cost of converting into cash that can actually be spent.

As you say, no easy answers.
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