We have all read the Casey's, Puplava's, etc. and find that almost everyone of them have given pretty crappy advise for the "short term". It is hard to find anyone who has been right on the current situation who has said to get out of all stocks and protect your cash.
Just look at how much these so called professionals have dropped in their own portfolios. We all learn from these times and find that falling in love with stocks can be fatal...if not cripling in the least.
These economic times are terrible but have we seen the worst yet? I am not too sure...but I think not. The average US person over the last few decades has spent more than they make...debt is massive and I am afraid the cure will be harsh. Unfortunately the world still looks at the US economy as the savior and I have doubts whether this view is worth the paper it is written on.
Most of us here feel precious metals is a safe haven....but when? I still feel we must go through the deflationary period longer before we see the much anticipated mega inflation that the US government is putting in place by printing money like it is going out of style. I would sure hate to be incoming President Obama with an impossible task in front of him.
Just Tired of losing money and venting.....not sure if the US economy can recover before December 21, 2012.......
hawnkoa