***Precious Metals Investors Club***

[Stinky_pinky]

I wouldn't buy gold with my worst enemy's money.

http://finance.yahoo.com/news/wouldnt-buy-gold-worst-enemys-015925483.html

While I hear you with regard to the lack of inflation being a BIG negative indicator for the price of gold (the ultimate hedge against inflation). I would like to point out that the lion's share of QE money has been redeposited back into the FED instead of flowing to Main Street. In this regard, QE was/is nothing more than a subsidy for the recipients of these QE funds. If interest rates rise (and they can't get any lower) look for money to come out of the FED and inflation (in the non-classical sense) to rear it's ugly head with a vengeance... Yes I do think we will return to the days of wheelbarrows of cash for a loaf of bread kind of inflation.

While I don't wish to be accused of fear mongering, so I'll drop this topic of discussion. I would like to encourage all PMICers to protect some of their wealth and stash some hard assets away...if possible. You can be sure I will. Merry Christmas everyone! S~P