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<p>[QUOTE=&quot;mkbSFO, post: 783233, member: 21447&quot;]CDs and Treasuries? Those are currently rated the worst decision of all investment possibilities right now. Well, maybe municipal bonds are about the only absolute certain loss, that along with owning the USD. Most people are saving dollars right now and not spending. It&#039;s up to 10T in private savings which is extremely high. It just gives the banks more on their balance sheet and slows down velocity, which is perfect for hiding inflation. Deposit: To depose or surrender money. They own it at that point, not you. FDIC? Wait until they go under with the next *hundreds* of bank failures. They are already in the red.</p><p><br /></p><p>With ultra low interest now (and someone says lock it in now???), rates certain to go up fairly soon, 50% increase in money supply just last year - yet they are holding it on the sidelines by pulling the bailout money back out of the banks coffers to hold back inflation, velocity of spending near all time lows at a time when money expanded dramatically, so when velocity kicks off again - hold your hats folks, it might get ugly. We will definitely see a noticeable inflation. I think not hyper-inflation, but unlike what any of us have ever witnessed in the US. The dollar is headed for a slow burn without any doubt in my mind.</p><p><br /></p><p>The worst thing anyone could do is pay off all their long term low interest debt right now, simply because that money could be used so much more productively. I would personally strip equity locking in 30 years at 5% and get into physical possession of gold, silver, guns, and long term food storage, gardening, and self sustaining - eliminate all credit card type debt, eliminate car payments, sell timeshares, get out of paper in all reasonable cases. It&#039;s quite simply a time to own commodities in my view. Everything else just looks too risky for the trained eye. If everyone took these steps, it would be a hellish scenario for the markets in general, but then again, WHEN everyone realized they should take these steps it will be challenging to execute to your advantage.</p><p><br /></p><p>I suppose most haven&#039;t heard about Argentina taking over retirement accounts to force people into treasuries...that&#039;s a good deal for a desperate government to force something like this at a time when rates are cheap. Well, good for the government robber barons, extremely bad for the average citizen. Seems like our Government might be setting forth the same building blocks to make that move if they need to as well. They need to secure treasury sales during low interest before the lid blows off the can. I&#039;d say treasuries *MAYBE* after they climb over 10% when the return could over power the stripped equity rate. Own physical possession in the mean time, because gold isn&#039;t going back to 800 any time soon. Watch out for gold on paper with all the tungsten bars being reported. With central banks starting to buy gold, and of course the royal families and dynasty families who seem to own everything, well of course they always win.</p><p><br /></p><p>&nbsp;&nbsp; <a href="http://market-ticker.denninger.net/archives/1830-401kIRA-Screw-Job-Coming.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://market-ticker.denninger.net/archives/1830-401kIRA-Screw-Job-Coming.html" rel="nofollow">http://market-ticker.denninger.net/archives/1830-401kIRA-Screw-Job-Coming.html</a></p><p><br /></p><p><br /></p><p>In my view, the more NGC/PCGS middle MS grade Gaudens, the better. Raw silver denominations that one could use to barter, so I like the idea of having a big box of junk silver rolls. I very much like the original Morgan CC shotgun rolls, high MS ungraded matching rolls, GEM BU dimes, quarters, halves - key dates even better. The way I see it, these are all a good base if one has the above stated mindset. I think everything else is just good fun and research, learning, hunting, hobby.[/QUOTE]</p><p><br /></p>

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