Silver price

[John Edward Mercier]

I can't freak out about it... I moved to a defensive posture back during the dot com bubble.
It freaked me to hear of companies posting record losses, but soaring stock prices based on future potential.
The aging demographics, US debt, and foreign dependence on energy were already factored in for me.
So the housing collapse, increasing energy costs, and devaluation of the dollar were expected.

[K. Darien Freeheart]

I bought a few ounces of silver this morning so when I noticed that this thread (opened on April 17th) was saying $13 an ounce I almost cried.

[mackler]

All we can do is be really diversified... don't have all your assets in one currency. Or even one metal... you can ask the Chinese how that worked out:
http://www.lewrockwell.com/orig5/walker3.html

It's very easy to diversify today... BWX will spread your currency risk among all the other worthless fiat currencies. QID, SKF, SDS, etc. will even let you hedge against the market going down.

Of course there are commodity ETFs too... but I think most of them are a little speculative now.

I'm putting everything I have into interest-rate futures options.

Laugh at me if you want.  We'll see who has the last laugh. 

[PattyLee loves dogs]

I'm putting everything I have into interest-rate futures options.

You betting on rates going up (as in "let's hope someone keeps using the dollar" disinflation) or down (as in  Japanese-style "let's print money and give it to the Zaibatsu for twenty years" inflation).

And how do you know which they'll do?

Speaking of betting are there any short-oil ETFs left, now that DCR blew up? Oil, not oil companies.