Trevor wrote:> When Greece finally does default, I'm wondering if they will
> follow a similar path to what Germany did in the 1930's and elect
> a strongman that blames all their problems on foreigners.
John wrote:In anticipation, Vince, it's nothing personal. I'm sick and furious
about what's going on, and I feel strongly about it.
For almost ten years, I've been listening to clueless bozos and paid shills predict "hyperinflation next year," and it hasn't happened, and shows no signs of happening. This prediction is made by two categories of shills:
Ten years ago, gold was at around $300 per ounce.
My advice has been the same for years: Preserve your assets. Store cash in your mattress, in your basement, or in FDIC insured bank accounts. If you must invest, purchase short-term Treasuries. Don't risk everything for a couple of percentage points interest.
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