The Downside Predictions — Are We At A Tipping Point?

SEE HERE With all the pundits pointing every which way, some saying all shall be well, other's saying the economic collapse long predicted is just around the corner, what's a person to do? I think you have to look at irresponsibility for what it is and cut back on it. You can't keep growing the debt without undermining the dollar. Gold is not going up because it's changing it's characteristics. It's going up because the dollar is going down. The interest on the long bond is going up too and that suggests the same thing — inflation. How bad? Hard to say, but why would it be any better than Carter? Bad then! Buy things that hold their value and hope to weather the storm.