Insert Wild Cackling Laughter.
Just when I calmed down from Pranil and Anonymous telling me I'm a trading idiot the EIT sends me this.
We're all doomed.
Showing posts with label money supply. Show all posts
Showing posts with label money supply. Show all posts
1/07/2009
5/30/2008
The Real Price of Crude Oil
Some interesting commentary from Congressman Ron Paul (who really looks like he needs a nap) and Paul van Eeden regarding "real inflation"; the increase in money supply.
The only real answer for consumers in my opinion is to keep cash to a minimum and own hard assets.
Those assets being real estate, gold, commodities, and the companies that produce and finance those assets.
The talking heads on CNBC wouldn't shut up long enough to let Paul van Eeden speak. There is a better interview with him on BNN. Click on the post title or the read more icon at the bottom of the post to go the BNN video.
There is a lot to mull over from the two Pauls. Has the fed policy from Greenspan on all been a shell game that will eventually end badly? Or is it ending badly now? Has the, we don't have recessions anymore, policy of soft landings and hidden inflation all been accomplished by printing money?
Many questions and many different answers I'm sure.
My answer remains, in real or imagined inflation, hold hard assets.
read more | digg story
The only real answer for consumers in my opinion is to keep cash to a minimum and own hard assets.
Those assets being real estate, gold, commodities, and the companies that produce and finance those assets.
The talking heads on CNBC wouldn't shut up long enough to let Paul van Eeden speak. There is a better interview with him on BNN. Click on the post title or the read more icon at the bottom of the post to go the BNN video.
There is a lot to mull over from the two Pauls. Has the fed policy from Greenspan on all been a shell game that will eventually end badly? Or is it ending badly now? Has the, we don't have recessions anymore, policy of soft landings and hidden inflation all been accomplished by printing money?
Many questions and many different answers I'm sure.
My answer remains, in real or imagined inflation, hold hard assets.
read more | digg story
Subscribe to:
Posts (Atom)