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<p>[QUOTE=&quot;Brett_in_Sacto, post: 2226570, member: 71510&quot;]I see a lot of short term views in this.&nbsp; The market has done exceptionally well in the last year or two.&nbsp; Look where everything was 5 years ago.</p><p><br /></p><p>Housing was in the dumps, jobs were in the dumps, stocks were in the dumps.&nbsp; I remember losing my shirt on AIG (only to have them yell out &quot;GOVERNMENT BACKED DO OVER!&quot;) and turn immediate profit - because they wrote their losses off to the taxpayers.</p><p><br /></p><p>There was nowhere to go but up.&nbsp; Gold was at an all time high because of fear and protectionist strategy.</p><p><br /></p><p>Of course it looks good the last year or two.&nbsp; It had nowhere to go but up, or the entire USA would have become defunct.</p><p><br /></p><p>Nobody is addressing the dramatic inflation of government.&nbsp; Taxes have gone up, fees have gone up, massive expansion of IRS and other entities, a new healthcare system at both state and federal levels.&nbsp; More people taking from private enterprise than ever before.</p><p><br /></p><p>A lot of these were jobs that were created that brought consumers back were government jobs - and re-distribution of wealth.</p><p><br /></p><p>Nobody is acknowledging the massive burden these increased costs will have on the economy yet.&nbsp; </p><p><br /></p><p>I encourage everyone to look back to the early 90&#039;s and see how the markets played out after the big crash and recession - because I am betting we will see the same effects over the next few years.</p><p><br /></p><p>Given enough time, costs of all types go up.&nbsp; Stocks, bonds, metals, real estate - even beer!</p><p><br /></p><p>If you bought a house in 2006 expecting it to go up in 3 years, you didn&#039;t have a realistic horizon.&nbsp; If you bought in 2000, even in 2010 you still had some equity and now 5 years later were unaffected.</p><p><br /></p><p>Now I need to write to my congressman about the cost of beer... This is getting serious![/QUOTE]</p><p><br /></p>

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