What country should I relocate to if the U.S. has a major economic collapse?

You think so. It may be a good time to visit some Honduran chicas

http://www.youtube.com/watch?v=BPRlbRl2ILo&feature=related

 

Bogart, Argentina may have survived as a country, but it is a shadow of its former self. After the tremendous financial problems that Argentina has gone through, it went from being the wealthiest country in South American(which had a standard of living which matched that of the U.S.), to being one of the poorest, where many people live in shacks and shanty towns.

My point is that even though the nation survived, the people have lost their former wealth and glory. Argentina may not be the poorest South American country, but compared to its glory days in the 20th century, Argentina is very bad indeed. This is what I predict for the U.S., the country may survive the collapse, but all we may have left are shanytowns and shacks, our standard of living may be permanently altered. In fact, the U.S. may never recover its glory, though look at what happened to Gemany during the 1920s, it is possible that the U.S. could make a come back. But this can only happen if we return to Constitutional principles, and as Ron Paul has said many times, SOUND MONEY.

Helena is where they finally exiled Napoleon Bonaparte. This may be interesting. I will check out Gibraltar as well. Oh never mind, Helena is a bad pick, I can't believed you picked this place, they exiled Napoleon here for crying out lound! No airport?

 

Damn, those senoritas look hot, you said I need to have $2500 per month to get residency in Honduras? Hey Bogart, some countries let you get citizenship if you open a bank account for a specific amount of money, does Honduras allow this? Man, with women like that, I need to start studying Spanish even more!!!!!!!!!!

 

The US is turning into a third world county due to out of control legal and illegal immigration. Nothing against illegal immigrants but how can the US admit 1 million legal immigrants and have a population of 20 million illegal immigrants. What happens to illegal immigrants in a depression?

 

Glad I'm not the only one who wants to move out of this country. I wrote a little about it on a post of mine

It's pretty bad right now. sadly most of the people don't even know whats going on. they are to busy watching American idol or desperate housewives.

 

It will all work out, President Bush has a plan.

 

You're kidding..................right?

For those of you who are considering just getting the hell out of here( a wise decision indeed), then I just found a good site that may be of some use:http://www.escapeartist.com/

I think I will be spending a lot more time at this site in the weeks to come. We that link Bogart posted, Honduras has made its way to the top of my list of potential places to move. I'm learning Spanish, so a Spanish speaking country would be cool. I thought about the Dominican Republic, but the DR is right next door to Haiti, and that could be a problem.

 

Hey guys, I got this crazy theory. Now, most financial experts advice you to invest about 12% of your assets in gold and silver to protect yourself during times like these. But I think that if the dollar continues to fall, silver and gold will skyrocket, not just in comparison to the dollar, but to all other paper currencies. My theory is that if I convert more of my money into gold and silver(say 35%), instead of just protecting my assets during a collapse, I would actually earn a huge profit.

Now, when gold and silver shoots through the roof, it would rise against all other currencies. So even if the dollar is worthless, I could take my silver and gold, go to a place like Honduras, and live like a king, at least in theory right?

 

Interesting thread.

Read something about the financial collapseand oil prices 4-5 years ago and all my family laughed at me. Guess now isn't that funny huh? And still we didn't reached the $400 gallon...

 

My friend, remain in USA. Although I am not a citizen of this great and brave nation, I personally know that US is and will always be the greatest nation on the earth.

Well on second thought, I guess you should go. America is the land of the brave and it can certainly do without cowards who tuck their tails between their legs and try to escape the situations the easy way. Be like the brave American soldiers, who go into battle with no fear. Embrace the economic situation and do your part to help resolve it.

You should count yourself lucky that you are not born in Burma, the Darfur Region, North Korea or any such areas where each second survived is an accomplishment.

I don't expect you, as an American to be broken by such a small problem when relatively compared to the rest of the world. Be a true American and remain in the country mate. Be a proud American....not a coward.

 

Hey guys, check this out. I've been doing some comparisons of paper currencies versus an ounce of gold, and check out these conversions. At this second, an ounce of gold is $873.52 cents. Here is an ounce of gold compared to various paper currencies:

$873.52 cents worth of gold = 1,584,560,149.65 COP
Gold Ounces Colombia Pesos

$873.52 cents worth of gold = 422,421,665.12 CRC
Gold Ounces Costa Rica Colones

$873.52 cents worth of gold = 25,881,402.19 THB
Gold Ounces Thailand Baht


As you can see, an ounce of gold is worth an enormous amount of paper currency for many countries. My theory is that, if you relocate to a country with a nice stock pile of gold, which has risen ENORMOUSLY in value as a result of a global economic crisis, you would be the equivalent of a multi-millionaire in that nation's currency.

Now, gold should ideally be at $2,000 an ounce, and silver is more rare than gold, and will soon quintuple in value. My theory is that if I convert more of my money into silver and gold(at least 30%, way beyond the recommended amount), once this crisis really pushes precious metals prices through the ceiling, I can move to another country and live like royalty. Am I right or what?

 

Any person who has resided in Honduras for at least three years can apply for citizenship.

I'm sure that you could find a private tutor in Honduras

 

Ahh, but you don't understand the nature of American politics my friend! You see, I DID do my part to try to help this nation. I got up, early in the morning a few months ago, and when to my first state caucus to vote for Ron Earnest Paul, a man who I researched, who I realized was true patriot who wanted to return America to being a true Republic.

But the ignorant public laughed at him, scoffed at him. In this very forum, and in my own personal life, I have been called a conspiracy nut, a tin foil hat wearing clown, and many other names. You see, the U.S. is an empire, and history shows that all empires fall. Our nation is full of decadent, ignorant, stupid people.

My decision to leave is not cowardly, to the contrary, it is actually very wise. I mean, if you know a boat is about to sink, why not just get on a life boat and survive, instead of drowning while trying to save the ship. Besides, if I can bail out of here with a pot of gold(literally), and hook up with those hot chicas that Bogart posted in that link for the youtube video I watched, then I'm happy to be a coward. I will be a rich coward with lots of beautiful women.

I'm not a Christian, but the Bible is right: a live dog is better than a dead lion. Besides, all the Wall Street investors who got us into this mess will bail out, as well as the corrupt CEOs. Many celebrities will hop on their private jets and head out. You see, these rich people aren't cowards, they're just smart and wise, which is the reason why they're rich........they know when to make an exit, and I want to exit right along with them. I might not be as rich, but if I make the same moves as rich people, I will soon become like them.

You see, like you scubita, I tried to warn everyone I knew, my friends, and family about this collapse. As far back as 2006 right here in this very forum, I tried to warn people. Now, the time for warnings has passed. There is nothing that can be done to save America, it will will suffer the fate of Rome, Egypt, Babylon, Greece, and every Empire that came before. It will fall.

This isn't an issue about being cowardly. It is an issue of using your brain. Right now, I have enough money in the bank that all I need to do is invest it(or a portion of it) wisely, and I will become rich beyond my wildest dreams. I plan to be a bonafide millionaire by 30, and now is the time to pounce.

I know deep down that gold and silver will one day surpass $2,000 an ounce. All I need to do is buy as much as I can, because as they said, in one life time, all you need to do is make a fortune once. Anyone who has studied previous depressions and hyperinflationary periods will find that during times like these, gold and silver when up by more than 100% in value.

Once the billionaires and millionaires realize that the dollar is done, they will begin buying gold and silver in mass quantities. My theory is that guys like Buffet, Gates, or Trump may even corner the gold and silver market, and because these precious metals are truly rare, once the investors start buying them out of the market, their value will skyrocket.

Right this second I have silver coins minted in the 1800s that only have 1.2 million in circulation. Can you imagine what the price of these coins will be when millionaires and billionaires start buying them? Computer companies need silver and gold, there is no telling what they would pay if these metals became scarce.

This is a once in a lifetime opportunity. Everyone in this forum knows that tragedy is about to strike, but with danger comes opportunity. Now is the time to become wealthy, by buying assets that have REAL value.

 

If you melt the gold down and make jewlery it would be easier to transport.

 

Well your opinion and I respect it Good luck in another country.

 

Simple option, buy your own island (if you could afford it ^^)


as for the multi millionaire in different currencies... surely it's still worth the same in the end since inflation, and what you can buy with the currency... i mean you could have a million baht, and really you just have a small amount of money...

 

That isn't a bad idea, but I'm afraid it would hurt the face value of the coin. If you melt down a $20 liberty gold coin, then it loses its numismatic value right?

Wait a minute, people always travel down to third world countries with the currencies of their own countries, then convert it into the currency of the country they're visiting in order to get great deals. If this works with the dollar, I know it should work with gold and silver, right?

During a hypothetical global crash, where gold and silver suddenly skyrockets, the value of these metals can only increase against fiat currencies. My theory is that if you go to a country that uses fiat currencies, and you have a lot of metals, convert a small amount of these metals into the regional paper currency, then use it to pay for every day goods and services. If you can get great bargains by doing this with the U.S. dollar, I know you can do it with gold and silver.

The key is to "always pay in the local currency." Those of us who are gold and silver bugs can take advantage of the morons who choose to use paper money.

The theory sounds logical to me. Lets use the Dominican Peso vs the Dollar and gold for example. Here are the conversions:

873.52 XAU Once gold ounce = 26,626,435.55 Dominican Republic Pesos
$873.52 US dollars = 30,619.06 DOP

Look at the comparison. While the $873.52 United States dollars equals over 30,000 Dominican Pesos, an ounce of gold equals over 26 million pesos. Paper vs paper vs paper vs gold. It seems that having the gold puts you in a much stronger position, but I may be off here. What do you guys think? Is this theory sound?

I may actually do this one day, my own island kingdom, that would be cool. But I will have to wait, I need to reach my goal of becoming millionaire by 30, then I will shoot for billionaire by 40. Maybe once I reach billionaire status I will do this.

 

Imo making jewelry is a bad idea. You'll pay for the melting and to make a jewel out of it, and if you want to sell it then buyers are not sure if it's 14 or 18 karat gold or a mixture, ...
Coins are better known and easier to trade.

People travel to 3rd world countries with US$, because to protect their own economy, these countries forbid export of their own currency.
You can't buy it abroad or legally import or export it.

It's their way to get more US$ into the country. If you bring in too much us$ and change it to local currency, you're stuck with it and have to spend it locally, you can't trade it back into US$ anymore when you leave (except on the black market maybe).

But having gold and silver with you is indeed a good idea.
Only problem can be to import it safely.. you never known how worse things may get and customs may hold back part of your gold when you try to enter the country...

 

That is the problem in a nut shell. Then everyone want to blame Bush for there out control credit cards spending, house payment and others. People need to man up and keep themselves from drowning.

 

I've heard of ppl making coat hangars out of gold when fleeing the nazis.

It would be better to leave the gold in bullion if you could safely import it. Some countries have plenty of gold available and you could buy it on the local economy. Colombia, Brazil and Mexico produce a lot of gold.

Gold can also be found in Honduras and the gold is sold at half the market rate.

http://www.reuters.com/article/latestCrisis/idUSL09519066