Options For Investing
With Bernanke just a few days away from going Buzz Lightyear on the Print Button, we have an interesting opportunity for investing, if you’re into that…
Printing dollars into existence, or “counterfeiting” as it’s referred to in non-Governmental circles, results in a devaluation of the purchasing power of the Dollar. Since Goldman Sachs is expecting the FED to go CTRL+P happy in the coming few days, my guess is that they will.
When QE1 and QE2 started, Stocks took a steep rise, so this might be a safe investment bet. However, there are many out there that think that QE3 is already priced into stocks (not good considering the recent declines) and if so, then QE3 would just hold the current status-quo, which still might be better than the inflationary losses of purchasing power in dollars.
Another option might be something a bit shinier. Looking at the boon in Gold and Silver prices over the last week (where this time of the year is a historic flat line and October through February are typical gainers for the metals) we can see that the Dollar is getting CLOBBERED and will continue to get CLOBBERED as long as ChairSatan Bernanke keeps his presses churning out fresh $1,000,000,000 notes.
Yet another option might be a collection of AR15′s and their ammo.
Whatever you decide to do with your hard earned FRN’s, Please make sure you keep it safe.Tags: CPI, Dollar, Inflation, investing, QE3