Quote:
Originally Posted by Porsche-O-Phile
That is a critically important point.
Inflation is HUGELY understated right now - deliberately made to look "tame" by manipulation of government formulas and reporting methods. It's GOING to be a significant factor in the coming months/years, exacerbated by a weak dollar.
I'd say the smart place to put $$$ right now is in foreign currency markets.
|
Yeah and why didn't recommend that one should buy property in 2006 at the height of the market too. Your allready going to be paying a large premium to purchase that foreign currency....just join the other lemmings...