Vanished Post and Comments:
Two meritorious questions were posed re; the current investment climate and if going to cash was the right thing to do. We are looking at hyper inflation where the prices of things vs today's dollar will be two to three hundred percent higher, or worse. Think of those old pictures of 1922 Germany with people burning money in a wood stove (left) because it was cheaper than buying wood. Cars will cost at least $75,000 and so on. That is a very real threat. So what to do? Gold can only hedge, meaning there is a possibility that it will retain the value of the purchase price, period. Things like art will most likely lose both value and original cost. Stocks will never regain their luster and I'll play it day by day. Bonds could be wiped out and are not a place to put long term money. Commodities are risky as hell at all times, the markets are not on the up and up for everyone, most of the trading takes place outside of the exchanges (private deals), and there is the question of "grading," meaning is corn from South Africa the same grade as the corn currently being traded from France; and like the bond "rating" services the grading could be crooked. Crooked grading makes stored corn worth a fraction of what you thought it was.