I've been reading too much over at Chris Martenson's web site. He's a real Henny Penny.
His advice: buy non-paper based assets (gold and silver) and foreign currencies. I remember back in the late 70's/early 80's that a lot of people lost a lot of money buying gold. And since I'm thinking about it, isn't that all the proof you need that the market has already driven the price of gold up far beyond what it could ever actually be worth? I know every mountain looks highest when you're standing right in front of it. But is there any way we can get out of this mess without hyperinflation?
Our President doesn't seem engaged in this at all, which is probably the good news. He's basically lost interest.
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