Keeping capital in a depression

posted by
April 13, 2011
by Doug Casey  
Posted in Commentary

"Nothing is cheap in today’s investment world. Because of the trillions of currency units that governments all over the world have created -- and are continuing to create -- financial assets are grossly overpriced. Stocks, bonds, property, commodities and cash are no bargains. Meanwhile, real wages are slipping rapidly among those who are working, and a large portion of the population is unemployed or underemployed. The next chapter in this sad drama will include a rapid rise in consumer prices." (04/14/11)  

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