>>>Here's an interesting hedge for interesting times.
>
http://www.marketwatch.com/story/the-perfect-hedge-for-this-crisis-2011-07-18?link=MW_latest_news>
>Sorry, meant to reply earlier: check out gold against Aussie dollars in the last 6 months rather than US$.
>
>FWIW, gold was worth more in Aussie dollars in 2009. Could much of the current value seen by US commentators come from US$ inflation that already is underway?
Gold is a hedge against inflation so in that regard I would answer yes.
>Against some currencies the US$ is worth 50% of what it was 10 years ago.
and QE3 has only been hinted at. Just wait utill they start printing again. ;)
Wine is sunlight, held together by water - Galileo Galilei
Un jour sans vin est comme un jour sans soleil - Louis Pasteur
Water separates the people of the world; wine unites them - anonymous
Wine is the most civilized thing in the world - Ernest Hemingway
Wine makes daily living easier, less hurried, with fewer tensions and more tolerance - Benjamin Franklin
