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Message:: [QUOTE="Rono, post: 1138248, member: 6492"]Howdy, A little story from my past.  When I was a boy I could walk down to the store and buy a loaf of bread with a washington quarter (circa 1960).  That same quarter today is worth ~27x in melt value or $6.75 - which will buy me a a loaf of bread.  [actually, a little more at this point but give it a few more months and it should be about right]. I've also read that in ancient rome an ounce of gold would buy you a nice toga and sandals; in the Roaring 20's it would buy a nice suit of clothes;  and, at $1400 an ounce, you can still buy a nice suit of clothes today. Since the Fed was created in 1913, the value of the dollar has decreased by what 95%?!?!? Gold and silver as inflation hedges.  Sure, they make a portion of your 'hedge' but there are other things to do also.  First off, I don't see either hyper inflation nor financial meltdown as very likely.  Possible?  Sure, but not likely.  This means that having some of your bond allocation in TIPs or IBonds would help.  Having a goodly portion invested in int'l and emerging mkt debt.  Having some aussie or canadian currency.  These things can be physical or via securities.  Cripes, you can buy FXA or FXC with any brokerage account.  Diversify your portfolio and diversify your wealth. peace, rono[/QUOTE]