Replies to post #107501 on Biotech Values

[jbog]

As strange as it sounds, the TIPS probably are one of the safest storage place at this time. If Inflation takes hold you'll end up protected and if deflation takes hold you'll get your investment back.

One thing is true, our current fiscal policy is unsustainable so something has to happen.

[n4807g]

OT: Gold Will Outlive Dollar Once Slaughter Comes: John Hathaway
http://finance.yahoo.com/news/Gold-Will-Outlive-Dollar-Once-bloomberg-1572589151.html?x=0&sec=topStories&pos=4&asset=&ccode=

Telltale signs of future trouble aren’t hard to spot. Only a few months ago, Federal Reserve Chairman Ben Bernanke and a chorus of other high-ranking Fed officials were talking about exit strategies from the U.S. central bank’s bloated balance sheet and the financial system’s unprecedented excess liquidity. Now, those same officials are talking about pumping more money into the system to stimulate growth.

The prospects for an orderly unwinding of the extreme posture of global monetary policy are zero. Bernanke, Jean- Claude Trichet and Mervyn King, his counterparts in Europe and the U.K. respectively, are huddling en masse upon the most precarious perch in the history of monetary affairs. These alleged guardians of monetary stability, in their attempts to shore up the system, have simply created the incinerator for paper money. We are past the point of no return. Quantitative easing may well become a way of life.