Then I suspect you have more than $50 to invest.

If you find someplace with a decent, safe ROI in this market; let me know. I have money sitting on the sidelines (low fixed return) because I have no clue what the market is going to do next. I'm thinking about buying some staggered CDs, just so I get some kind of return. I have a little money in an aggressive energy mutual fund and an international small cap fund, but that's just a crap shoot.

^^Do you have a Treasury Direct Account?

I've looked at those too, but 5 years is a very long time to tie up money. I keep thinking about two year CDs, but the ROI sucks. I just don't trust the market yet, I'm not going to go near the commodity bubble, and I don't really want to get into the real estate business. The result is that I'm doing nothing; maybe I should just "invest" in a bunch of interesting cars (just kidding).

No I don't, and that is an idea. I had that conversation with someone a couple of months ago and never really did the research. Thanks, I will do some checking.

I've got some medium and long term money there. Nice thing is that the return is state tax exempt. Notes, Bonds and TIPS offer safety without hassle and shorter terms can be had with T-Bills. The yield on a recent auction for a 30-year bond was 4.410%...not bad! The inflation-protected TIPS was less than half that, but that was for an August auction.

The account is free, unless you have over $100K there.

Who did you go through to buy them?

OTOH its good for me because I can borrow private money, offer say 8%-10%, secure it with property, etc.

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Mine is a Legacy account....you can purchase some instruments direct, or through a broker. Check the website.

Thanks, I'll look into it.

Don't laugh - Coffee, Cans and cans of Coffee. Long expiration, good to the last drop, I've already earned 8% on the coffee I bought 2 months ago.

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Craig, I must ask, why did you create a thread entitled "The Dollar Bubble" when you believe there is no bubble? I'm not trying to offend or anything, but it's contrition in nature.

Obviously a thread titled "The Stable Dollar" would have gotten no attention. so maybe you are conducting some type of survey to see how many people thing the dollar is toast. I dunno.

I have enjoyed the thread, and my point of view is very evident. I'm probably a little over pessimistic, and "They" can kick the can down the road a little further, but ultimately, all fiat currency return to their intrinsic value of "0" (with the exception of humanistic coins/notes) has been proven time and time again. So the real question is How close to the dollar bubble are we? From what I remember, your time frame is 5-10 years, which is very reasonable, but the problem with that philosophy, even if correct, is that what if you are wrong?

If you by some small chance are wrong, then you are ill prepared for a short period of chaos. Gold and Silver will protect you (provided it's accompanied by smith&Wesson) during that turmoil.

People invested in paper, unknowingly continue the ponzi scheme of fractional reserve lending and when the house of cards fall, those are the people that will get burned.

GM house of cards fell, allot of people took it on the chin, because they have taken the "Blue" pill.

I'm not calling for a Wiemar" type hyperinflation, I cannot see that happening for several reasons, but I do see a period of very high inflation (10% jump in prices a couple times a year, or 20-30% in 2011), a few months after the reserves at the fed are released and the money gains velocity.

The surge in commodity prices in 2010 are just the beginning, the prices will trickle down to consumers in a few months, and we'll have to wait and see what the commodities do this year.

As an experiment, you think we should put together a bundle of items, price them and track the prices throughout the year? I'm willing to wager that 1/2 of those items will increase by 10% in 2011.

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worth reading -> http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/1/3_Is_the_Worlds_Richest_Man_Getting_Into_Silver.html


It's an interview with James Turk - Carlos (10+Billion) might buy silver mine

James if you were Carlos Slim, would you buy Fresnillo to gain exposure to the price of silver?

“Absolutely, sometimes when you have billions of dollars to invest it can be a hard thing to do without moving the market. Given that you can’t buy billions of dollars of physical silver without sending the price into the stratosphere, the best way to do that would be through this acquisition. To be clear, let me disclose that I have no position in Fresnillo.

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This wasn't my thread.

If I'm wrong, Gold and Silver will not protect me; but I do have a passport.

If I'm right, the people who are buying gold are going to get slammed when the bottom falls out. I've made my bet.

I lived through actual high inflation in the early 80s, my income went up considerably faster than the cost of goods; I bought a used porsche. If I had any real money at the time (which I didn't), I would have bought a house and made lots of money because the real estate market was crazy. Either way, I'll be fine.

If you want to jump into the silver market, have a ball; you might get lucky and time the market correctly. Personally, I'll pass.

My appologizes. don't know what i was thinking

One should never put money into investments, if it might be needed elsewhere. Meaning if you buy gold and silver, expect to give it to your grandkids because no one knows where the price of gold is going.

On the flip side, NEVER hold onto a $100 bill to give to your grandkids.

If you are forced to sell gold or silver when everyone else is forced to sell (think 2008, many day traders were forced to liquidate their PMs because of over-leverage in the stock market during a crash) you will probably lose fiat dollars in the process. If however, you can wait until everyone else has sold out the stack, you will benefit handsomely.

I cannot afford to invest in Silver and Gold at these prices. I refuse. (with the exception of a few ASE's for Christmas presents, as is custom). I do look forward to some correction to say $25 / ounce and I might indulge once again, but unfortunately, I do not see that correction happening until after the silver bubble burst, if it ever happens.

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