Jason Hamlin

Eight Takeaways from Cambridge House Investment Conference

Thanks for the comments and correction on exacerbate.

In response to the article on the gold/silver ratio, I agree with the author. Silver tends to lag and has been punished to some extent by declining industrial demand. However, the relatively tiny size of the silver market, affordability and fact that it will serve as a better currency than gold (if/when fiat currencies collapse), give it the potential to significantly outperform gold when the mania begins. I also agree that oil prices will trend higher once the market stabilizes or the decline slows.

Lastly, comparing our current economic crisis to the Y2K scare is laughable and shortsighted. We are already witnessing people losing 50% or more of their wealth, unemployment skyrocketing, states issuing IOUs because they are bankrupt, grocery stores closing, ammunition shortages and price spikes, bailouts on the scope never before imagined and talk of nationalization of the largest banks. These things are already occurring, not some fringe fear of what *might* occur, like the Y2K scare.

I am not saying that food shortages and civil unrest are a certainty, only that it is prudent to prepare for the worst under current circumstances. You can write off these concerns as "drivel" at your own peril.