.china concerned about u.s. government debt .., page-26

great posts - esp. BH!
for me its still "deflation in everything you own and inflation in everything you buy" for a year or so
IMO cash is King in good old Ruddbank (not gold I'm afraid) and the AUD commodity currency I reckon will fizzle less than nearly all its fiat mates and give your cash a good return too for when its time to invest in them hardworking friends of ours up in Asia.
Owned PMs for the last 5 years - its all bull there too for a while (as in market and investment bank shenanigans). Gold is still not an investment for me but it sure is doing a great job preserving wealth but I must confess I'm going a little mad thinking about the stuff - goldfever maybe ? FIV ? I'm going to have to ration my time reading about it for sure!