pungent

Nouriel Roubini, One on One: More Doom and Gloom

I have to agree with Joseph S. And what does "stay liquid" mean? Does it mean stay in cash? Cash is like ice -- it melts while you hold it. USD used to melt at about 5% a year but those happy days are gone. Other fiat currencies have the same issue. Only time will tell what our current real inflation rate is. But one must invest (and win) just to break even. I would not be entirely out of gold, nor all-in. It's balance, baby!

Nouriel Roubini, One on One: More Doom and Gloom

I have to agree with Joseph S. And what does "stay liquid" mean? Does it mean stay in cash? Cash is like ice -- it melts while you hold it. USD used to melt at about 5% a year but those happy days are gone. Other fiat currencies have the same issue. Only time will tell what our current real inflation rate is. But one must invest (and win) just to break even. I would not be entirely out of gold, nor all-in. It's balance, baby!