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<p>[QUOTE=&quot;InfleXion, post: 1319344, member: 29012&quot;]If Europe does continue to get bailed out, which I tend to think they will, that just means that they get to borrow more money and go deeper into debt, and everybody bailling them out (including Fed printed US dollars) has their currency further devalued. The paradox here is that the entities doing the bailouts are only as good their member nations which all need to be bailed out. I don&#039;t see how it changes the eventual outcome even if it does push money into stocks in the meantime. What needs to happen is a haircut on sovereign debt like happened in Greece, except those haircuts weren&#039;t large enough to fix their debt problem, but that&#039;s not going to make the market go up either. I agree all currencies will likely be devalued, which is all the more reason to have metals for the longhaul. They have less downside risk due to intrinsic value, but that doesn&#039;t mean they won&#039;t go down either. That&#039;s why I buy and hold, and stay away from the flipping. That way I don&#039;t have to worry about what&#039;s going on in the world today, because I&#039;m looking down the road.[/QUOTE]</p><p><br /></p>

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