Now, add in about $15 Trillion of unfunded liabilities that are beginning to come due as the Baby Boomer population is now retiring to the tune of 10,000 per DAY, and will keep up that pace for the next 18 years.

Not only WILL we have inflation, we MUST have inflation. And the government already has broken the seal on taxing ‘the rich people’ and their social security checks….that’s a good one…taxing someone on the repayment to them of money that was a repayment of a tax they paid in previous years!

By bringing on inflation, we will pay today’s and yesterday’s debts with less valued dollars of tomorrow. Not that I agree with it, but that is the situation. It is, imo, beyond either political party’s capabilities to be able to solve.

IMO, we will see the price of gold and commodities absolutely sky rocket up at some point. I don’t know if it will by hyper inflation like what was seen in the Weimar Republic (google that if you are not familiar with it and study it deeply…the conditions that led to it’s rise and ultimate failure will not be unfamiliar to you. )

Obviously, one way to combat, or at least lessen the effects of the coming inflation is to buy gold or at least get some exposure to it. I am no gold bug, nor a ‘whacko’. I am in the professional investments field and simply have one motive…to preserve my clients’ wealth, and secondarily, to grow it. I remember when I first got in the industry in 1992, people that bought gold were generally thought to be wacko’s and the like, thinking the economy was going to explode any minute and they needed 5 year’s food supply buried in an underground secret bunker. Now I’m not so sure that ultimately, that might not be all that bad of an idea.

As the saying goes, ‘Those who ignore history are doomed to repeat it.’ And along those same lines, but more directly involving my business, “The four most dangerous words are ‘this time its different.'”

(and on one final note, while AAPL stock continues to soar, the Apple of yesteryear, MSFT, announced their first quarterly loss this week. I cannot tell you how many times I’ve heard ‘…but AAPL is different from every other company today or in history…’