I'm an independent investor in metro Phoenix Arizona. I worked for many years in the financial service industry, for companies such as American Express, Merrill Lynch and Charles Schwab. I tend to be a contrarian investor, who waits for a wash out in a sector (or the broad market) and then scales into positions (waiting for an eventual rebound). My first trades tend to be early. On a longer term basis, I am dollar bearish and a hard asset bull. I believe that inflation data in the U.S. is significantly under reported, so that the government can avoid two things they can ill afford: (1) cost of living adjustments in social security benefits; and (2) higher interest payments on the national debt. My belief is that the price of gold and the index level of the Dow Jones Industrial Index will eventually cross. For example, a price of gold in excess of $6000 with the DJIA under 6000 (for example)... or $10,000/10,000, etc. I also believe that the ratio between silver and gold will decline from the current 60 to 1 to perhaps 20 to 1. If that is the case, with gold at $5000, I would look for the price of silver to reach a price of perhaps $250 or more. If I am right, this would mean at 10x move for silver from its current price below $25 per ounce. In general, to preserve wealth, I think it is increasingly necessary for U.S. citizens to accumulate hard assets, such as precious metals and land.