By: Jody Chudley of Investing Answers
We've seen this set-up before...
All through 2006 and 2007, I heard some of the smartest minds in the investment game warning about the massive housing bubble that was about to pop. For a long time, these smart folks looked wrong, as housing prices kept going up and up.
Then things changed in a hurry, and we suffered through the worst credit crisis in our country's history and a housing bubble collapse. Anyone that didn't heed the warnings got crushed.
I see the same thing happening today. There have been warnings that we could be in for severe inflation ever since the Federal Reserve rolled out the printing presses back in 2008 with its "quantitative easing" program.
So far, not much has happened. However, similar to the housing bubble, that "nothing" could turn into something very quickly.
After years of easy money policy by countries around the globe, the inflation pump could be primed. [Read more...]