I considered it for quite a while, but that appears to be out of whack too - at least the ETFs and ETNs that you could buy it through. I think it's prudent to have hard assets right now - real estate, physical metals, art, whatever..
If you want to protect money, then buy things that are worth money.
I'm sure this has been very informative for the OP, for he now knows for certain not to listen to a word we say
LOL Really, the only source I trust at this point would be Ben Graham himself. We are completely through the looking glass, now. Dan Nathan's Morning Word segments are really good, too: http://www.riskreversal.com/
Everything else is just cheerleading, IMO. Zero Hedge admitted to being paid to post insane crap.
Last edited by SuburbanFarmer on Fri Dec 09, 2016 11:42 am, edited 1 time in total.
Inflation doesn't bother me in the US so long as we have factories pumping out tons of shit and farms that feed all of us.
Inflation isn't about creating money per se.
Inflation is when you create money and nothing else...no farms, no factories, no distribution network, no nothing.
Inflation is when you bomb the fuck out of Germany in WW1, destroy its entire industrial base, and then print money.
Inflation is when you have a corrupt warlord take over Zimbabwe, kill the few productive people in the country, and then print money.
You don't get inflation when we have so much shit in the US that there is about the same square footage devoted to self-storage as to office space simply because we print half a year's GDP.
Still got my foreskin thanks for asking. - Montegriffo.
I have no experience in investing with the stock market, but Trump's spree of job retaining deals has me excited to try it out.
it means the top isn't far off.
An old Wall Street saying has it that when everybody’s getting into the market and even the shoeshine boy is giving stock tips (or the barber/hairdresser or the taxi driver or the waiter or the bartender), then it’s time to sell.
Supposedly, Joseph P. Kennedy (1888-1969) knew that it was time to get out of the market in 1929 when his shoeshine boy began giving him stock tips. Contemporary citations have not been found, but the event appears in a 1965 biography of Joseph P. Kennedy.
YMMV
I heard Kennedy found out through some form of insider trading, but that might have been what someone who didn't like him decided to call his shoeshine boy information. This campus needs a shoeshine boy.
GrumpyCatFace wrote:Dumb slut partied too hard and woke up in a weird house. Ran out the door, weeping for her failed life choices, concerned townsfolk notes her appearance and alerted the fuzz.
apeman wrote:The "trump trade" boosted financials, transport, industrial and commodities. The gains may have already been had, be careful not to be the last guy in.
BUT
maybe the gains are just starting, and the euphoria just beginning.
Your best bet is to ask GrumpyCatFace, he is the resident economics and finance expert. His views on wealth creation are beyond reproach.
GrumpyCatFace wrote:Dumb slut partied too hard and woke up in a weird house. Ran out the door, weeping for her failed life choices, concerned townsfolk notes her appearance and alerted the fuzz.