Couldn’t agree more. cantab: IMHO read and consider the “aftershock” book if you are looking for a 5-10 year plan on investing. If the author is anyway near correct, and he was in 2005 with his first book on where we are today, gold/silver will skyrocket as will LEAPS, then gold will collapse in the biggest bubble of them all. Real estate will become very cheap and around 2016-2019, will begin to be purchased by money outside our country since the dollar bubble and american debt bubble have already popped.
This is my strategy. Pay aff all debt, including your home (in case you loose your job). Buy gold/silver (not EFT’s, bullion or coins) now for the bubble and then cash out when gold is at $10,000 to $20,000 (sometime around 2015, and go ahead and make fun of this projection) and buy real estate that cash flows around 2016-2019.It’s dire but if winter is coming and you are preparing for summer…..