by
arabianmoney | November 4, 2008 at 09:20 pm
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Which asset class will protect you as the deflation of the recession turns into the higher inflation of the government printing press and the slow recovery? This just has to be precious metals, just like in the late 1970s. Cash and precious metals beat bonds, equities and real estate in that troubled time. It is happening all over again – the 2008 crash is very much like 1974 and sadly so will be the outcome in terms of stagflation.
Most RecentMost Recommended Comments (1)
at 11:19 on November 5th, 2008
arabianmoney, I like this story. It's good stuff. It's as simple, speculation replaced by production. No gold, no bonds will keep you rich from now on, for sure no wealth banker with past vision. The best skills run your own company