There is no such thing as a "safe investment", unless you can hold it in your hands or stand on it and even then, it is only worth as much as someone is willing to pay for it.
Those who think they can protect themselves while still invested in any way in this system, need to think it through considering the worse case scenario, which is looking more and more possible.
There are safe investments as long as you believe that the government is going to be around for a while.
You can buy 7-21 days treasure bills. The return is very small, but it's as safe as it gets... unless you think the government is gonna go away in the next 7-21 days.
But those are not available to the regular folk since you need quite a large capital to partake in that market.
Still, you can get fully insured CDs that, depending on the bank, can give you a return of 3.5 to 4% return if you do not withdraw your money early.
As I said earlier in other posts, the global economy has at it's foundation one thing: the faith in the US government and the belief that it will be there forever.
Every rational person knows that no government and no country lasts forever... but without that belief there would be no world economy. As of right now, people do not have the same faith that the European Union will be together for the long run. That is why there has not been a huge shift to Euro denominated government securities yet. Who knows what will happen in the future.
