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Message:: [QUOTE="Rono, post: 1759871, member: 6492"]ChaChing! Let's not ignore the elephant in the room.  Since 1913, the dollar has lost, what, 94% of it's value?  Going into the massive QE era, the gov't was looking at Unfunded Liabilities exceeding $100T and NFW to pay them.   They're going to break as many promises as they can (sorry Detroit) and they're going to raise as much in taxes as they can politically, they're still going to have to monetize a huge chunk of this tab.  Estimates were early on that they have to halve the value of the dollar over the decade (2008-2018).  Looks pretty spot on.   The debasement of the greenback has been tempered by the debasement of pretty much every steeenking currency on the planet, globalization, lack of wage pressure, dinking the numbers, etc.  feh.  All of us living out here know street inflation is running 5+%.  duh, just like the BLS just started talking about U6 - U bleeding 6! is the unemployment measure showing the real deal at 15-16%. I digress.  I suggest that folks own some physical gold and silver bullion to the tune of 5-10% of the wealth.  That's an investment and store of value.  More than that is fine, but then you're talking speculation.  Speculation of fun but like the casino, you need to understand the rules and risk.s  My grandsons each have a stuffed animal they call their bed buddy.  Well, my little stash of pm is my bed buddy.  peace, rono[/QUOTE]