BR - you're philosophy is to keep to cash?
Oil prices above $100 (in 2001 it was $17 / bbl);
Gold was $1000, now above $900 (in 2001 it was $250);
Food - sky high; &
Housing - still inflated.
So you've worked out from all that cash is going to make you rich. Because somehow the above trends for the last 8 years have suddenly reversed in the last week and we're in deflation?
How many billions did the US pump out this week to bail out the banking system. Too many ostriches with their head in the sand at the moment, or lack of economics. By the way, this is not isolated to the US.
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