muses of the moment

October 5, 2012

The question

Filed under: Dollar Crisis, Fiat Currency — totallygroovygirlfriday @ 12:19 pm

The question you ask always limits the answers you will receive.

The question is not will the DOW rise to 20,000, 30,000 or go lower to 5000 or will gold go to $5000 or $10,000 or move lower to $500. But will that amount of money buy you what you need to live? To drive? To invest? To retire?

What investments hold value during a depression or hyperinflation as debt sharply contracts driving prices much higher than income and savings/dividend returns?

Gold, silver, and cash (held in strong fiat currencies).

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