Good article on Zerohedge
He thinks that the treasury auctions are the weak link. I don't think so anymore. The Fed will just life-support those.. when the market runs out of private buyers? Who is to say it hasn't already? I mean, who buys negative real yield treasuries?
He also thinks the collapse, when it comes, will occur BEFORE the hyperinflation really has a chance to get underway, and we will see a depression like, re-pricing - to which my question is "Repricing in what? Yuan? Gold? Oil?" If the treasuries actually go, there will be no dollar to speak of.
Any anycase the investing advice is sound:
TGR: Finally, what is your investment model?
DS: My investing model is ABCD: Anything Bernanke Cannot Destroy: flashlight batteries, canned beans, bottled water, gold, a cabin in the mountains.