skubus: Wow..my head is spinning after reading all the posts..but like i said i'm not into stocks and shares be they currencies or precious metals, i'm too much of a coward to consider risking our savings on the roll of a dice, literally. Good luck to all of you who partake of such activities, yer brave souls. And to clarify some points, i still live in Ireland, i still work here, i still pay taxes here and i still have mortgages here (two of them) and on top of all that i still have to try and sleep at night and not think too much about the sence of dread i feel for myself and my fellow inhabitants about the state of our nation. The savings i talk about in here aren't mine in essence they're my wife's. She moved here 6 years ago, got a job, saved as much as she could, met me, married me, stuck at her work and continued to save as much as she could until finally she could take no more of the bulls**t she had to endure i.e. the extra work while at the same time having her salary slashed every few months. So the savings "we" have are precious and would hate if by some cruel act they became worthless. I think from reading all these posts that the savings will remain in euro, for now, and just hope that the crisis will stabilise. I'll keep a close eye on what's going on in Europe and maybe look into the markets concerning precious metals, just out of curiousity mind. Still can't see us delving into this though, it sounds a bit frightening!! Thanks everyone for the feedback
In a nutshell your money is safe. IF you decide to do precious metal investing I recommend investing in funds that track those metals rather than to buy actual gold, silver, etc. Renting safety deposit boxes adds up too you know... :)
Just FYI, gold, silver, etc. trade is MUCH riskier than any stock trades, talk to a specialist before you go down that road.
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