Why inflation may be worse than you think it is

[jusplay4fun]

Dollar drops in value and gold/silver rises.

Great news! Or is it?

Depends, on many factors:

1) where are your assets?
2) whose ox is being gored?
3) How much of your investments are in precious metals vs other commodities or In securities? (Best advice, I have heard: DIVERSIFY.)
4) Expected rise of the dollar or precious metal in the short and long term.
5) How long do you plan to speculate in such commodities?
6) HitRed, what did I miss?
7) something I did not even consider (what I don't know that I don't know, as per Donald Rumsfeld).

8 ) Another good tip: Find a Good Person who can advise you well on such matters, AND I AM NOT that guy. (I hire people to do that for me. i.e., offering me financial advice.)

[HitRed]

If you are bringing back manufacturing to the USA you want a weak dollar.

By default a weaker dollar means it takes more dollars to buy gold/silver. The reverse is also true.

I didn't buy any oxen today.

[Pack Rat]

American consumers need a strong dollar. Weaker dollar means higher inflation. Expect oil to rise in price with the weakening petro-dollar.