RV Fuel Issues & Prices - Post 'Em Here!

cekkk wrote:
... Pretty soon the dollar will be worth only pennies as the Fed keeps printing money. And us retirees will have less money to spend on fuel.

All US money is printed by the Bureau Of Engraving, not the Fed, and 90% is to replace torn and worn bills.

Yet, gold, having doubled since '08, continues its two-year drop, flying in the face of Bernanke and Himself's assault on the economy. Makes me wonder what a fair price in US dollars to pay for it is. I'd guess around a thousand.

Why buy gold? Have you ever OWNED gold? It's a PITA to buy, to hold and to sell. Only insiders have ever shown an ability to make money speculating on gold. You're better off with tax-free muni bonds.

$100 bills are better: a million bucks only weighs 22 lbs (it's a little bulky so you need a suitcase) but Benjamins are fungible everywhere (even in the market alleys of Kabul you can change one at very low or no cost). A million in gold is heavier. Almost anyone can carry $5000-$20000 in Benjamins around in their pockets.

I'm 76, been getting SS for 10 years and it's turned out to be the most reliable of all investments. I could actually live on SS and bank money at the same time. Defend SS with your life! It's the best thing you'll ever see!

Retired people must defend SS at every opportunity. So should everyone else because the money pumped into the economy has a very high Economic Multiplier and enriches everyone.