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2008-08-21 — financialsense.com
It is noteworthy that Mr. Fisher mentions the experience of “countless economies, from ancient Rome to today’s Zimbabwe.†Though he doesn’t actually say it, the United States is headed for hyperinflation. Its debt obligations make that o`utcome certain, just like it did for those other countries with fiat currency. The federal government will not cut back on spending. There is no political will to do that, and in any case there is no need for politicians to cut back in today’s monetary system. ... [so] What do you do? You use pullbacks in Commodities, Stocks, Energy and Natural Resources to maximize the purchasing power of your FIAT currencies by exchanging paper for REAL things and real businesses which will survive this debasement process by repricing to reflect the lower purchasing power of the currency in which they are denominated. As markets zoom higher and lower, huge TRADING opportunities are abundant. Learn the methods to capture them. Infrastructure companies, oil companies, virtually everything is being thrown out as poorly prepared hedge funds and investors convulse out of their trading positions and investments because they are CORRECTING in violent manner and risk control is poorly practiced. source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |