Vi, if you cut through all the wrangling, accusations, agonizing, debate, politicking, threats, analysis, and discussion, what we are looking at for the future is, simply, very serious world-wide inflation.
research.stlouisfed.org
I had no say in what either Greenspan or Bernanke or Paulson has done, or what the Congress, SEC, etc., failed to do, and I cannot do anything to change or stop anything that is happening.
I don't even think I can do much to help my friends or even anything other than my immediate family.
But what I can do is to put my own resources where they will be protected against, and perhaps profit from, this inevitable loss of value of paper currencies.
To me that means gold, oil (and natural gas), and agricultural products, and investments in these commodities (and their producers) denominated in Canadian dollars. |
