US Inflation and What To Do About It Message Board

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Strategies & Market Trends : US Inflation and What To Do About It

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To: John Vosilla who wrote (1338)	1/23/2020 1:22:18 PM
From: RetiredNow	Read Replies (1) of 1504

Well, I can guarantee you that there will be a monetary reset. I just don't know when. The last monetary reset was Nixon closing the gold window. I imagine the next reset will be a collapse in confidence in the dollar, and simultaneous interest in China's currency as a replacement, or if we have globalists in charge, they'll try to work out a trading currency composed of a weighted basket of country currencies, as part of a broader global trade deal. Whether it is a slow erosion of confidence or a sudden collapse, the USD is going down and the Fed will never stop until some outside force greater than it makes it do so. Right now, Congress and the Exec Branch will never ask the Fed to stop, because it makes them look good for the monetary largesse to continue. So I am easing my way into a 5% portfolio position on gold and silver for insurance. I'm also moving some of my money into longer term real estate purchases. In other words, I'm trying to make sure I don't lose money. I think that's the game now. Making money comes with too much risk, so not losing money is important at this stage in the game. JMHO. ----------- US Leading Economic Indicators Plunge At Worst Rate Since 2009 A worse-than-expected 0.3% MoM drop in the Conference Board leading economic index, ending the year with 5 down months in the last six. The biggest positive contributor to the leading index was stock prices at 0.09 The biggest negative contributor was jobless claims at -0.23 The LEI is clearly not recovering... And on a year-over-year basis, the LEI is up just 0.1% - its weakest YoY move since Nov 2009... "Probably nothing"

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