At the moment the USD will stay the safe haven until after the shakeout. Following this crisis, be it sustained or not, we need to resolve the dynamic between:
1. Currencies
2. Shares
3. Bonds
4. Property
5. Debt
6. Metals
I think debt is what will do people over. If you owe more than your resultant asetts then you may have nowhere to move. You can't sell your home tomorrow and put it into dollars or metals if you have a negative balance, so you stay put. Superannuation is also slow moving if you want to move to an SMSF.
I think the rhetoric will come quick and plentiful, but the reality is most are stuck in a quagmire.
1. Currencies
2. Shares
3. Bonds
4. Property
5. Debt
6. Metals
I think debt is what will do people over. If you owe more than your resultant asetts then you may have nowhere to move. You can't sell your home tomorrow and put it into dollars or metals if you have a negative balance, so you stay put. Superannuation is also slow moving if you want to move to an SMSF.
I think the rhetoric will come quick and plentiful, but the reality is most are stuck in a quagmire.