Buy gold, the world has gone nuts.There appears to be no other recourse at this time. Gold stocks will do well as long as the markets hold together, but physical gold dosen't need anything to hold it together. It is simple to start buying a little at a time over time thereby using dollar cost averaging, so market swings will mean very little. You can use some of the profits that you will make trading Goldcorp to buy actual gold. Bullion is okay but it seems to sell at a premium, gold coins are a better way to hold gold, I think.
Obama can not stop this mess he can only throw more good money after bad. There is a 4 quadrillion derivatives market that is unwinding before our eyes. No country or group of countries has that kind of money. The world would be better off to let the whole ponzi scheme collapse, destroy all the fiat currencies and start over with something better. Like a gold and silver backed currency. Lets see some mathemagician create a new derivative formula that will produce money out of thin air when every dollar has to be backed by physical gold. He would need to be an alchemist and a f**ken good one at that.
I guess if I am wrong then at worst everthing will be fine for the world economies, most of us will still have our jobs, and you will be left holding some gold and silver coins you can stack into neat piles, leave to your grandkids, or sell for what ever the market will pay for them and you can begin to collect this magical fiat that has risen like Lazarus from the grave.
If I am right and you collect some gold you will have something of redeemable and measureable value that you can trade for what you need like food, shelter, security, until things are made right.
If I am right and you do nothing and the currencies are wiped out what will you have?