dang, my investments went up 5% in one day...

[uncloned21]

thanks whoever did that...

:confused:

[Kregener]

Don't worry, they will probably go down by 30% in the next month or so, just like 1987 and 2001.

[Bradley in DC]

Invest in inflation hedges (Prudent Bear, etc.) and you'll have enough to max out on your contributions to the good doctor...:)

[jpa]

Bradley, can you give me a link to more info about inflation hedges?

Can I put part of my 401k into these funds? (I'm worried my 401k is not very inflation-proof)

[ctb619]

what investment went up 5% today?

[uncloned21]

mm, S&P up 3%, DJIA 2.5%

but the funds in my IRA increased by 5% overall

[Brock Landers]

Commodities are good inflation hedges.

Gold/base metals/oil/etc.

Gold has broken out of a long trading range, and the gold producers are going to follow soon IMO. GSS or AUY or GG or some others (Ron owns a lot of gold miners, I can't remember which ones).

Base metals miners are even cheaper in some senses and may benefit even more from an easy money policy than the gold producers. Larger ones like BHP or RIO or smaller ones like Quadra or Breakwater or Blue Note, will benefit from a weaker dollar and higher global inflation.

A lot of today's rally is mitigated by a weaker dollar afterall....as many future rallies will be, as long as 50 bp cuts are the norm.

I'm also buying gold coins and ammo, as a hedge against a possible RP loss.

[Brian]

thanks whoever did that...

:confused:

Did the value of your investment go up, or did the value of your dollar go down? What happened in the world that someone would want to pay you an extra 5% for your investment from yesterday to today?

Let me refer you to a wonderful 100 page read by Murray N Rothbard called "What Has Government Done to Our Money?"

http://www.mises.org/story/2311