Replies to post #16507 on iShares Silver Trust (SLV)

[Toofuzzy]

>>>>In other words - in order to see true inflation (ala germany 1920's) we need to see money velocity to pick up.<<<<

I don't know. It feels like there is inflation especially as the cost of oil works its way thru the economy increasing the price of everything else. But yes the velocity of money is down as people deleverage. The velocity of money can switch very quickly especially if people do not want to hold assets in dollars.

I am not sure what to invest in. If deflation and/or recession Don't want to own gold, silver, copper, or stocks in general. If inflation don't want to own dollars.

What is a good investment?

In the past I have shied away from bonds particularly long bonds, but I see their value to diversify my stock portfolio. If and when short rates become higher than long rates, at the first rate cut, I will buy a long term treasury fund with a percentage about equal to my age. I also own silver and copper stock and am thinking about timber ( WY or PCL ? ) And of course I own Large, small, and foreign stocks.

So hopefully I will be OK no matter what happens.

Toofuzzy