[Dick Vomer]

I have about 10-15% in Gold SPD (not physical gold) just as a hedge about 5 years ago when Obozo looked like he was going to inflate his way to the moon. Funny thing is that if everyone does it then "the price" goes up on everything but the value is the same. In other words a loaf of bread is $30 dollars but I make thousands more so it evens out. So our money is worth less but we can still buy the crap we need.

The only ones screwed are those on fixed pensions, lagging entitlements and savers of cash.

what do you think?

[jiggyboy]

I think 10-15% is the right number. If the precious metals markets weren’t so fake, a much higher percentage would be warranted.

Continuing and increasing inflation is inevitable. The uncountable billions and even trillions of dollars counterfeited by the Federal Reserve in just the past few years of so-called “quantitative easing” must eventually result in increased inflation. But as we have seen with the current stock market “correction” and the housing crash, we can be certain that a disaster is inevitable but quite early on daring to estimate when it will play out.