And take into consideration that the current crisis is caused by the stupidity and arrogance of the financial market, you've as much chance guessing how to invest as you have following proper financial advice. Everyone that supposedly knows about finance, including banks etc., has either lost money through stupidity or had it conned out of them by a Ponzi scheme. The markets have been consistently wrong for two years and this is the result. Crooks and Liars rule the roost and it'll cost $700 billion to shut them up.
I'd avoid blindly following financial advice as those giving it have a vested interest in our taking it.
We're all screwed; some people will figure out how to make money out of that and we'll get more screwed.
We're not doomed, though. No need to take to the hills and stock up on canned goods just yet.