I have people come to me frequently asking to invest 10 or 20 thousand dollars and I tell them to go get some physical silver or gold.
Apmex has 1 oz silver buffaloes right now at about a dollar thirty over spot.
Ping!
I recently went to the bond market. It’s pretty safe.
This will all be exacerbated by the increasing number of medicare, medicaid, and social security beneficiaries seeking tax payer funded services which will be further exacerbated by the decreasing number of tax payers who will have to be squeezed harder and harder to fund our socialist utopia.
Again, think about the big plays in oil that has made so many rich (Buffet, Grahamn, etc.). Alternative fuels are about 5-7 years out to affect oil futures. Even then, those alternatives will be a slow growth play.
The world is dependent upon oil simply because it provides so much of our energy and manufacturing needs. It may go down in the short term, but will go up in the long term if you are an investor and not a trader.
Once the US and world economy starts to recover from this recession (2-3 years), oil will sky-rocket. Watch.
"Inflation sensitive assets"? Why doesn't he just say silver and gold?
I have people come to me frequently asking to invest 10 or 20 thousand dollars and I tell them to go get some physical silver or gold.
Apmex has 1 oz silver buffaloes right now at about a dollar thirty over spot.
“To receive zero percent interest after loaning your money to the government for one month is ridiculous.”
And yet millions of people do this yearly, GIVING Uncle Sam their hard earned cash while salivating over a ‘tax refund’ at the end of the year and planning a vacation somewhere warm with their own, returned, ‘worth-less’ cash! *Rolleyes*
When I was in the military, we were CONSTANTLY bombarded to buy Savings Bonds directly from our paychecks each month. No, thanks! Even way back when my money was working harder for me than a Savings Bond ever could.
How sad to practically FORCE military members to support the Government with their hard-earned dollars!
vfiix
How 'bout that? Your own mini hedge fund!!!!!
I’m confused. Is this really a “bubble?” I think it is more of a flight to safety without a particular expectation of financial growth. For example, I had my broker move all my 401K out of mutual funds and into treasury back securities the day before the election. I really didn’t care what the return would be, so long as the face value didn’t crash and was backed by “the full faith and credit” of government. (Whatever that means with a Marxist at the helm.) How can you call it a “bubble” when the value is virtually fixed and the return on investment is going down?
You’d be way dam better off investing in Spaghettios!!