We have huge commodity inflation because of Bernanke's printing. Of course it is denied that there is an serious or real inflation by the Fed and the government as they are professional liars. BUT, there can't be any real meaningful overall inflation until we also have wage inflation. Wage inflation is a LONG LONG ways off.
we all hate his politics but the guy knows currencies. Trouble is, he believes that the economy s picking up. All on the left believe it because, well, it HAS to start picking up, right? I mean Keysian 101; each dolllar governmenmt spends is worth 1.5 dollars and all those expectations of 5% unemployment were CORRECT, but it's just taking a little longer because of the TEA PARTY guys........
The problem could end up being hyper-inflation. Between the time you sell and the time you receive your proceeds your dollars value will be 10% less. Pre WWI Germany could be the history that will repeat itself.
I have little doubt inflation will return in a big way.There already is inflation to some degree but the government keeps denying it.I share your concern about devalued currency.I own shares of TBT because it is an ultra short fund.Hopefully it will act like inflation protection on steroids.