Detailed market commentary at The Market Ticker and Ticker Classics
(The Year 2012 In Review)
Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here.
BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda)
RSS available You are not signed on; if you are a visitor please register for a free account!
|MarketTicker Forums Single Post Display (Show in context)||
User: Not logged on
|User Info||Windup Wednesday; entered at 2008-05-21 17:01:26|
Registered: 2008-02-25 California / Bay Area
With these new signs that the public is starting to get it, KD's two-pronged strategy is making great sense: |
1 - educate those who care and enable them to straighten out Congress.
2 - inform people how to protect their wealth from the crises that lie ahead
The last many tickers have focused on (1), and that makes sense while there's still a chance to save the system. But it's been a while since the Ticker visited the topic of how to preserve wealth in a major deflationary crash, and since the system might not be saved, we can't forget about (2).
Also, the canonical advice about physical cash, FDIC-insured accounts, TreasuryDirect ... might need a fresh look, in light of the new price-inflation issues. If the dollar is going to devalue with respect to everything except stocks, bonds and real estate, a pure-cash strategy may leave us all feeling poorer. On the other hand, going to commodities is fraught with risk, since there seem to be bubbles forming and popping all over as the financial herd works its way through the "denial" phase. Is there any way (other than with very agile, gifted and perhaps fortunate trading) for intelligent investors to avoid taking a real loss (after-price-inflation, dollar devaluation, etc.) in this maelstrom?
Put another way: even if we save ourselves from the looming stock and bond-market crashes, and we hang onto our houses, how do we protect against lifestyle destruction from dollar devaluation and price inflation?