I'm not just talking about savings accounts FLU. The policies of the Fed and the Govt have pushed otherwise conservative investors towards increasingly risky alternatives since the interest rates have been so low. Like it or not, equities are going to crash eventually as well as the dollar. It is just a matter of time until it happens. I don't even think diversification will protect against what is coming down the road.
I don't disagree that the equities market will crash some day. The question is when. No one knows. But one thing that probably will happen…As the "conservative" instruments make less and less sense, average joe will be putting things into high risk alternatives. That in itself is going to create another bubble, at which point it's really time to get out.