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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Skeeter Bug who wrote (101981)3/7/2009 8:42:06 AM
From: TH5 Recommendations  Read Replies (1) of 110194
 
Hello SB,

There are no perfect solutions, but IMO, gold offers the best long-term protection for the bulk of your assets. This statement applies to NOW, and not 28 years ago or 15 years from now.

I probably have much less respect for the government than maybe you do. I am not too concerned about a bunch of incompetent clowns trying to get my gold. Gold is global, so there will be a market I can tap somewhere if and when I need to sell.

And, nothing will increase the value of gold faster than making it "illegal". I so welcome it. I hope they are stupid enough to actually do this. It will accelerate the end game and get us to the rebuilding phase much more quickly.

Or you can stay on the easy path, the path they want you on, and hold cash. Cash that you know will be worth much, much less over the next decade.

GT
TH
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