<<This brings me to thinking of commodities of some kind. Why would not gold, silver, palladium, platinum and rhodium be an alternative to the US dollar?>>
True, and they're not overpriced compared to other "stores of value" out there, ie, land and houses in particular. Just hard to say how the base metals (and platinum by extension) will do in a deflationary environment. Obviously, BubbleBoy will continue to push with all the power vested in him by the Government and JP Morgan....but it all goes down the debt sinkhole once the residential real estate bubble implodes. Obviously, only the most vital of commodities will retain value in that scenario, and I'd contend that it may be food before metal. Hmmm, anyone gotta link to one of those freeze-dried food online web sites?
EDIT: Never mind, found a couple:
storablefoods.com
areyouprepared.com
...and this would pretty well cover the landscape:
discountchristian.com
What the heck, I've sunk a good chunk into gold, might as well go "whole-hog" and pick up a some of this stuff with my soon-to-be worthless clownbux, eh?<G/NG> |
