[quote=flu][quote=faterikcartman][quote=sobmaz]It is not about Wal-Mart or Home Depot raising prices it is about your dollar being worth less.
Gold is not up, the value of your dollar is down so it takes more dollars to buy the same gold.
When you hear the terms Quantitative easing spouted by the FED just remember it is another term for PRINTING MONEY.
Those with savings are being robbed blind, those with massive debts, like the Federal Government are making out like bandits. Banks are doing pretty good too. Money lent to banks at zero percent is lent to the public for 5 to 23 percent. And the looming inflation will help the banks with their realestate, eventually.
If you have wealth, don’t keep it in cash.[/quote]
Yes, yes, and yes; but where should the cash go? Use it to buy an expensive asset with a lot of debt and pay the debt off with inflated dollars? What asset won’t depreciate? Or what is the alternate answer?[/quote]
diversification..
I’m doing
1)Some in equities
2)Some in precious metals and energy and commodities
3)Some in cash
4)Some in a low interest loan in a primary home
5)A rental property
6)Some full time job
7)Some sidetime gig.
8)some “Investment” in bling.
Don’t know which way the wind is blowing, but everything cant fail, right?[/quote]
Hey Flu, could it be time for farming companies like CRESY and new ipo AGRO to make a run like the rare earths? (I got some AGRO on Friday in the mid 11’s.)
