Yes you are correct, the wealthy continue to be getting richer and the poor might not be getting poorer, but there are a lot more of them. The actual inflation rate is much higher than the reported 2-3%, more like 7%. As a result any dollars you hold, are rapidly loosing buying power. Hard assets such as oil, metals and land are your refuge. If the big crunch comes they will only print more money, causing hyper-inflation, making your hard assets look even better. Personally, I hold too many dollars and am actively looking for more land which is not priced near/at the current peak.
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Today's Featured Article - Search For Spares - by Anthony West (UK). Following on from the aquisition of the old Fordson F, I was very much in need of spares. As a novice though I didn't appreciate the fact that there were so many Fordson tractors made, that all the other makes seem rare by comparison. As far as I was aware a fordson was a fordson and it was only through trial an
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