To: FightThePower!
So what is inflation, by your calculation? 30%? 300%?
57 posted on
08/08/2007 3:14:20 PM PDT by
1rudeboy
To: 1rudeboy
I have not calculated it, but I have and will continue to have most of my money in real assets or companies that make money off of real assets. Currencies in Commodities producing countries, mining companies, oil companies, refiners, companies that own physical assets and water rights that make money and can’t be printed by some quasi politician. The main reason I do this is because very little has been spent on physical infrastructure from 1980 to 2000 so supply needs to catch up to demand. As a secondary benefit you own an asset that continues to have value no matter how much money is being printed.
67 posted on
08/08/2007 3:43:42 PM PDT by
FightThePower!
(Fight the powers that be!)
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