Get out of dollars

When the expectation is for an uptick in inflation, then holding dollars is not too wise. Its purchasing power is eroding steadily, and it will buy less tomorrow than it will buy today.

A US $20 dollar gold piece would buy a beef cow on the hoof in 1900. A US $20 dollar gold piece will STILL buy a beef cow on the hoof today!

Much better to use your Gubmint IOUs, otherwise known as paper dollars, and buy the things you will probably use tomorrow at today's lower price. I know alot of folks are buying GOLD [me too], and some even advocate lesser obvious tangibles like liquor [me too]. But skip the beer, because it's perishable and it's apparently lost its appeal during these hard times, compared to liquor and wine!

Oh I almost forgot! Make sure you're well stocked with brass and lead (wink). Its price has been going through the roof too. And it's NEVER coming back down either!