Belmont Club

By Richard Fernandez

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Making it through

March 14, 2009 - 6:23 pm - by Richard Fernandez
truepeers
2009-03-14 21:54:54

I have a couple of questions for those more experienced in matters financial.

If it is increasingly apparent to many that inflation is to come, how come this does not yet seem to be reflected in the value of the US dollar? Is the assumption that all currencies are in for the same trouble, or that you just can’t trust many governments to still be around when a long-term bond matures, or that people are hedging in gold, etc.? How many people here predicting inflation are seriously preparing to move whatever savings they may have? As I used to ask global warming enthusiasts, have you been eyeing the real estate market in northern Saskatchewan yet? What do you really believe?