QE 3: It's About Time

Superfreak said:
We have had ten years of weak dollar policy. That should answer just how bad a weak dollar policy is.

Take a look at when we had a strong dollar policy under Clinton and Reagan. hmmm.... a net importing nation is actually stronger when their currency is stronger... No friggin way.
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I wish I could afford gold.
 
Liberty said:
I wish I could afford gold.
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Go for silver and palladium instead.. They aren't quite at their peak, although the weak dollar policy will definitely lead to gold going up a bit more it just doesn't have as much upside as the other two. (Just my opinion, I don't work in the field.)
 
Damocles said:
Go for silver and palladium instead.. They aren't quite at their peak, although the weak dollar policy will definitely lead to gold going up a bit more it just doesn't have as much upside as the other two. (Just my opinion, I don't work in the field.)
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You can bet I will!
 
General Buck Turgidson said:
That's fucking awesome, man. Yeah, I see no issue with looking to the two largest post WWII economic expansions and saying that whatever policies were in place then would be good now.
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Polly, yes, it would be good to go back to many of them. Including reinstatement of the 2% to SS that Obama stole from the program as 'stimulus'. Including eliminating the Obama tax cuts and going back to Clinton era rates, going back to Reagan's elimination of some loopholes and deductions (though this would need to take a much grander scale this time), reinstatement of Glass Steagall. Etc....
 
Liberty said:
I wish I could afford gold.
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If you want to invest in gold, you can play the ETF market and invest in GLD. For whatever reason, I have had not had good fortune investing in gold. I never seem to time it right. I go short, it goes up. I go long, it goes down. But, I have done much better with silver. Stay away from physical gold. The federal gobblement doesn't like people holding onto physical gold. They track gold purchases. If you are looking for a hedge against inflation go the ETF route.

If you are looking to have something to be able to purchase things with for TEOTWAWKI then buy junk silver. It is a great store of value and easy to barter with if the shit hits the fan and we end up like Weimar Republic. Oh, I know, that can't happen here. And in 2000 the stock market could never go down and in 2007 the housing market could never go down.
 
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