I’m sure there will be many who disagree, but myself, and a few others here worried about getting stuck with cash in pocket have said the same thing about buying now.
Still, there are enough people out there who have gotten some prediction right at some point in time to be a credible source for almost any which way you think the wind is going to blow.
For me, I think the temptation for government to pay down debt with cheap dollars will too irresistible. Pity for fixed income retirees.
I think we’ve been insulated from a lot of inflationary pressure as many institutions that have received dollars from the government trough have not yet done anything with them so they’re not really in circulation.
Time will tell what happens. Yous pays yer money and takes yer chances!
