Stacking physical cash

[Moneyisevil]

The USD buys things. The lower prices go, the more it will buy. Seems pretty simple to me.

Yes things like gold. I'm sitting on a nice pile of each. They are perfect balance for one another. I don't own gold to make money. I own gold to preserve wealth. I really get the feeling that many here don't understand this simple relationship.

[jayjay]

Yes things like gold. I'm sitting on a nice pile of each. They are perfect balance for one another. I don't own gold to make money. I own gold to preserve wealth. I really get the feeling that many here don't understand this simple relationship.

Many don't. Some do. It seems to me as long as we are valuing gold and silver in USD, it is a good idea to have some of each. If the USD gains strength, buy PMs. If the USD goes into the toilet, barter the PMs.

But what do I know.

[ankh_mm]

Now that the dollar is over 80 holding cash sounds like a good idea, but it is a 180 from what most people around here were advising a few months ago. My philosophy is to always have an emergency cash reserve available. Too many around here have 100% invested and often take a hit selling on down markets.

That 80 Dollar Index is rather misleading as the dollar is predominantly measured against the Euro and the Yen which are far from being stellar currencies. As the Euro's problems increase the Dollar Index could go over 100 which in no way indicates a strong dollar.

[EO 11110]

That 80 Dollar Index is rather misleading as the dollar is predominantly measured against the Euro and the Yen which are far from being stellar currencies. As the Euro's problems increase the Dollar Index could go over 100 which in no way indicates a strong dollar.

bingo

the ruler keeps shrinking

rotating devaluations is the name of the game

it's a great time to SELL frn's, not buy

[woodsgirl]

Just look at how the various markets and asset classes behaved after the last QE's

I like you, but these one liners are making me crazy. I would love to hear what exactly you are thinking. Could you elucidate?

[theplantguy]

QE's have tended to make the market rise. At one point over 2000 points. Having cash on hand would have enabled one to participate in that. There has been a lot of negativity toward FRNs in these forums. But they definitely have a place in your financial toolbox and there are times when FRN's are the best tool for the job. Another example would be that when silver bottoms out, having the cash on hand to load up would be very advantageous.

[woodsgirl]

How does one ever know when things have bottomed out? I have tons of silver that I bought at 8-12 dollars. I use it to make jewelry, so I am not selling it.

As for markets, I have/had the FRNs around, but I have been scared off the market thinking that it is artificially propped up, ready to tank at any moment. I work, so I don't have time to babysit my account and daytrade. Maybe swing trading, but it still takes watching.

What class of asset do you think would be good for a person who has 15 years plus to retirement, or never ;-(? I could PM you what I have if you wish. DOn't like to publicize

[theplantguy]

How does one ever know when things have bottomed out? I have tons of silver that I bought at 8-12 dollars. I use it to make jewelry, so I am not selling it.

As for markets, I have/had the FRNs around, but I have been scared off the market thinking that it is artificially propped up, ready to tank at any moment. I work, so I don't have time to babysit my account and daytrade. Maybe swing trading, but it still takes watching.

What class of asset do you think would be good for a person who has 15 years plus to retirement, or never ;-(? I could PM you what I have if you wish. DOn't like to publicize

One area of my investments that I have given a great deal of attention to has been income producing assets that can track fairly well with inflation. After all, in retirement, we don't need so much a pile of cash to live off of, as we need a steady income stream. The two are not the same.

[woodsgirl]

One area of my investments that I have given a great deal of attention to has been income producing assets that can track fairly well with inflation. After all, in retirement, we don't need so much a pile of cash to live off of, as we need a steady income stream. The two are not the same.

And I have a client who's construction company is going BK< don't know what chapter, but all those equipment assets and whatnot are not helping him out. I don't know if I could keep a dumptruck or a loader working. We do have a few rentals for sale locally, but the fact that they are empty and have been for months makes me nervous. My town is a bedroom community for a little larger town, so the gas is an issue. ALso, I have had some yuck associated with real estate.

I will PM you

[Silver Bull Steve]

bingo

the ruler keeps shrinking

rotating devaluations is the name of the game

it's a great time to SELL frn's, not buy

Precisely the whole thing is a giant ponzi scheme on the verge of blowing up. It's like a stick of TNT waiting for a match. Anyone selling physical assets is going to loose their shirt.