Protecting Yourself from Inflation and the Credit Bubble

Very interesting interview with Daryl Montgomery of the New York Investing Meetup (http://investing.meetup.com/21) on inflation, the real-estate/credit bubble, where we may be headed, and how you can protect yourself (and potentially profit) from our currently accelerating inflationary environment.

Interesting Articles and Links: www.momoneytv.com/vlog/momoney/20070927.html

Honors Received:
#49 - Top Rated (Today) - News & Politics
#38 - Most Discussed (Today) - News & Politics
#47 - Top Favorites (Today) - News & Politics

Category:

News & Politics

Tags:

• greenspan
• bernanke
• federal
• reserve
• stock
• market
• oil
• gold
• silver
• euro
• dollar
• commodities
• inflation
• leverage

[snakeyez85]

Alex... thanks for inviting a guest to your show... this is a good video... I am predicting a global recession because of all this...our markets are global and the whole world is going to hurt from this... also, notice, after the rate cut the yield on 10-yr bond increased... ---caused me to get a 7.25% rate when I purchased my investment property yesterday..

[vlogolution]

glad you enjoyed it snakeyez. one thing I was really shocked about myself is I had no idea credit cards were charging as high as 39% annual interest rates. And that doesn't even seem to be for those with the worst credit. Talk about usurious to the verge of slavery. And it makes perfect sense that the credit card companies would go nuts if people can't even declare bankruptcy over the charges.

[vlogolution]

I found an interesting community loan site where people can bid on debt (prosper. com).  It was shocking to see people hoping to consolidate 39% AMEX loans to more reasonable 20% APRs!!! I remember watching a movie based in the 1800's where a man was reprimanded by a court for making loan in the 10% APR range, despite it being consider "high risk". Boy have times changed!

[jkentc]

Basic economics - if the dollar goes down, in theory, oil, silver and gold go up. SLV is a specific silver entity. Options come to mind, but the long term premium is often cost prohibitive. I support Ron Paul as he is aware of these manipulations and seeks to to stop it. Our old workable system is sick, but not yet dead. I do not think they can pull it off, but they are trying, whittling away a piece at at time. I wish I could have a better answer.

[jkentc]

I'm a CPA/MBA, lots of real life investment ups and downs - remember the late 70's well, and traded gold, dmark options in the mid 80's (all my savings, daily). There is a definite move by the controllers to merge America, Mexico, and Canada into something like the European Union. To do so, they need to crash the dollar and make the people think the way out is the Amero and the NAU - they create the problem, then offer the desired solution.

[milstein91]

montgomory brns?

[1ccfjeff]

He gave a far better picture of the macro economic situation than the talking heads on the finance and invest shows did at the time.

He spoke of gold, silver, oil, and ETFs & said the profitable strategies in the inflationary 1970 would be better now than those in the 90s..

Follow Cramer and the CNBC crew and you would have lost your shirt.

[ByeCruelWorld]

> you provided no real insight on the specifics of what to do!!!!

Yes he did, right at the end... 'you have look at what they did to make money in the seventies, rather than the eighties or nineties'.

I think he means we should go back to selling heroin and coke instead of crack and meth.

[rctube1958]

U-H might give the companies a break, but that 30% is just passed along to taxpayers. It would give companies a break at taxpayer expense. No Universal Anything — especially healthcare. We need to disconnect healthcare from work by removing the regulations that keep low-cost insurance out of the marketplace.

[frontier1701]

Dude.... you provided no real insight on the specifics of what to do!!!!  A HS Senior could have given that speach...

[spanishaustralian]

you guys are the fucking BEST!!!!!!! your wife is a honey too dude you are one lucky dude.

[abukini]

I thought Daryl's explanation of the current economic situation was very helpful and I have already adjusted my investing approach to follow his suggestions.

[GRetrieval]

We say No! to "Universal Healthcare" but that means our private businesses have to pay for the Healthcare if you are a decent company. But, our businesses already cannot compete with the global market because its employee's healthcare raises the business' costs by 30%. Let's give businesses in America a 30% break in costs by going to Universal Healthcare and then maybe our American businesses will not have such a great incentive to outsource so many jobs overseas.

[packrat76]

All you need is big f---ing pair of pliers man!

[bornbillsmith]

Bubble bubble bubble.

Who needs a bubble.