La Message Board Archives

Re: money in Mexican banks

Posted by Steve on September 24, 2008, 10:04 pm, in reply to "Re: money in Mexican banks"

Thanks Don so much for all your research and info!
I was not aware that the Mexican peso was based on the country's oil reserves. That's scary! We obviously don't want to convert a lot of our money into Mexican pesos when we moved down there.

Of course the dollar is based on nothing but thin air and a lot promises.

I guess we will need to buy gold, melt it down and pour it into molds shaped like household appliances or household tools that I can spray paint and then bring down to LM a box at a time. Or like that movie where they turn the car's bumpers into sold gold painted over to look regular. Just kiddin' but gold bullion stored up here in the states in some safe place maybe the way to go.

Real estate is great, Daniel, but not very liquid if you need funds quickly.


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