tag:blogger.com,1999:blog-5524682876220396502.post9132263696121164776..comments2024-03-27T06:56:10.255+00:00Comments on Broad Oak Magazine: The next wave of bailoutsUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5524682876220396502.post-66083773355182293282009-01-10T17:26:00.000+00:002009-01-10T17:26:00.000+00:00I can't recommend, but I can throw some ideas ...I can't recommend, but I can throw some ideas around.<BR/><BR/>First, read the second half of the comments on this thread: http://greatdepression2006.blogspot.com/2009/01/90-day-t-bills-smoke-and-mirrors.html<BR/><BR/>I don't think hyperinflation will hit suddenly like a tsunami, so I think some of us could hold cash if we are thinking of a major purchase in the next 12 months and want to take advantage of distressed sellers and manufacturers. Also, we need cash for emergencies.<BR/><BR/>Longer term, more cautious people might want some NS&I index-linked certs - at least they should hold their value, approximately.<BR/><BR/>More speculative types might be interested by Marc Faber's prediction that precious metals may outperform most other asset types this year; and note that the price of silver appears to be well below its usual long-term ration to gold.<BR/><BR/>But the stockmarket looks treacherous to me. And with all this borrowing going on, bonds don't seem as secure as they did. Real estate is still overpriced, most would seem to agree on that.<BR/><BR/>Of course, many successful businesses have been started in a recession/depression...Sackersonhttps://www.blogger.com/profile/09410040031410954403noreply@blogger.comtag:blogger.com,1999:blog-5524682876220396502.post-26293244263024348572009-01-10T14:36:00.000+00:002009-01-10T14:36:00.000+00:00So, do we hang onto cash or invest it?So, do we hang onto cash or invest it?James Highamhttps://www.blogger.com/profile/14525082702330365464noreply@blogger.com