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To: Dr. Marten

ping


2 posted on 12/14/2008 10:56:45 AM PST by unkus
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To: unkus

“My advice to you is to change your assets from being based on the U.S. dollar to another government’s currency.....”

Yeah, okay, that is a really easy thing for the average American to do.

Thanks for that advice. Saying that is about as useful as telling a would be stock market investor to “buy low, sell high”. As vacuous as it is vague.

There is virtually no risk of a sovereign debt default by the U.S. Government. The real risk is the Fed will monetize a large portion of the debt leading to much higher inflation.

For that risk buying physical gold is the best hedging vehicle for the avergae American.


28 posted on 12/14/2008 11:28:26 AM PST by ggekko60506
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