The Fed is acting like they are in control because what is the alternative? If they were to say the truth all hell would break lose.
Again well said.
I would like to counter that it is not too late to buy Gold. Gold will rise far faster than the impending inflation. If you are timid of Gold any commodity for the most part will suffice. The only thing is you need a very very strong stomach. Traders control the commodity markets day to day so volatility is huge. Traders do not control long term. Silver and Palladium or both possibilities.
Real Estate will also be a great hiding place for your wealth, eventually. That said, I still wouldn’t touch S.D. real estate at these bubble prices.
I am in the top 5% of income and assets yet I can responsibly only own a shack (relative) in S.D.. By responsible I mean buying outright.
Of course I could sell my soul to the bank and get that dream home but I am not that kinda guy.
