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What was the time cube guy, any references?

Yeah the housing prices and mortgage rates move in opposite directions, but it all depends on market/etc. Also the other thought is that during the time waiting for rates to go to 10% you have to live somewhere so you'll be paying rent somewhere else... What about the idea of buying now...

Yeah but who wants to live in Detroit? High unemployment and crime rate, etc... With that being said it's amazing what $150K will get you -- 5K sq. ft, etc.

Where are you finding 4.35% 30-year fixed?

Heh, yeah in one scenario the dollar devalues but the market is up so you make back the losses from DOW14K and feel rich although you can't buy anything with your $; in another the market devalues, the dollar is steady or strong, and you have no money ;-)

Guys I guess the answer to this lies in the real vs. claimed inflation, which has affected the costs disproportionately over the last 40 years. Housing has gone up a lot; some other costs have as well. Cost of technology/etc. is actually down when looking at the value it provides and the...

This is assuming a world-wide disaster which may not happen. Land is currently overpriced (at least in the NorthEast) and real estate prices haven't come down that much. Maybe good for diversification like you said but I don't know if a large amount of $, percentage-wise should be parked...

Gold is one thing but if we're going through a gold bubble it will come back down eventually. TBTs follow CPI supposedly but that is not a true sense of inflation, right? I mean it's a basket of goods that may or may not track inflation well...

Care to explain your reasoning, why would cash get wiped out? Inflation? Something else?

Hehe, I was thinking of more capital here...say you knew somebody who had 20M sitting in cash right now; what would you tell her to do?

Interestingly enough the CDs had reached pretty high rates in the 1980s, I saw 14 - 18%...

hehe, what a scam... Found it: "Inflation reached 9.1% in 1975, the highest rate since 1947. Inflation declined to 5.8% the following year, but then edged higher. By 1979, inflation reached a startling 11.3% and in 1980 soared to 13.5%." So 10% CD with 13.5% inflation is not that...

What was the inflation when CDs were 10% and T-bills 13%???

What about inflation in case it happens, will CDs track up with inflation? Do you guys know what happened in the 80s when the inflation was really high? Were guaranteed investments keeping up with inflation?

Say you were smart enough to get out of the market a while ago and are now sitting in cash. What would you do to preserve it (forget about growing it) in light of possible inflation/etc. Thoughts? Is there a 'safe heaven'? Thanks!

(1) not true; (2) why do you assume you will make money this year?

The guys from Asia Times are usually over-dramatic but their articles are well-informative and researched. If you're there check out the Henry Liu and the Spengler articles as well.