Dagny: "It may not get any cheaper than now."
. . .I would agree that if you really want something and have the money, you might as well buy it.
Sue
I would say need rather than want. We really don't know what inflation is going to do, but if you think you will need something over the next year or so, get it now.
That
$Trillion the Fed just put into T-Bills is exactly as Susan described, money with no value backing it. Companies that issue shares to raise cash dilute the value of the shares that already exist. That's exactly what happened when the Fed made their announcement -- the
dollar index fell from 87.50 yesterday to 83.66 today; it will be below 80 soon -- Death Spiral financing.
While that was going on, the Wall Street was enjoying a rally, thought by some analysts to be a dead cat bounce, so the market manipulators dragged down the price of gold over a few days and then yesterday about the time the Fed made their announcement, gold recovered all of its losses. Gold and (IMO undervalued) Silver in their various forms (bullion, coins, leveraged accounts (
my choice), and mining stocks) seem to be a good bet when the dollar is being purposefully devalued. Consider it a currency play when paper currencies are being manipulated.
But I digress -- things could get very ugly, so make sure your needs are covered.
Just my opinion,
$.02, $.20, $2.00, never mind. I am not an analyst and have lost enough in the market to be experienced enough that my opinion should not mean squat.