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<p>[QUOTE=&quot;Morgan1878, post: 1085491, member: 17869&quot;]Our status as a reserve currency will permit us to print dollars, part of which will be used to pay interest and principal on the&nbsp;&nbsp; national debt. The process will take decades. The continuing dilution of our currency (and many other countries) will support PM prices. </p><p><br /></p><p>A significant part of the structural economic issues you mention will be the inability of the available pool of workers to maintain the high degree of consumption that has promoted economic growth in the past. This shrinking pool of workers is also expected to support support the existing entitlement programs (Social Security, Medicaid,etc). By 2023, there will be one worker for every 10 retirees. </p><p><br /></p><p>You may find the following article of interest. It&#039;s written by a PIMCO mutual fund manager who is responsible for $11 billion in the two funds under his management.</p><p><br /></p><p><a href="http://www.researchaffiliates.com/ideas/pdf/Fundamentals_200911.pdf" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.researchaffiliates.com/ideas/pdf/Fundamentals_200911.pdf" rel="nofollow">http://www.researchaffiliates.com/ideas/pdf/Fundamentals_200911.pdf</a></p><p><br /></p><p>How does this relate to coins and PM&#039;s? Simply put, down the road, you will need an investment tool kit that includes a significant amount of inflation hedges. And, it will be better if you bought them earlier and cheaper before the crowd realizes they need them as well.[/QUOTE]</p><p><br /></p>

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