Your question from Jon about gold is a good one, but I have had a concern about gold for several years because there is a substantial amount of gold being held by the destitute Russian government and no way to determine how much they really have. The result is that anytime gold starts a sharp increase they may be tempted to increase their sales and cap the increase. Since supply and demand is so difficult to predict it gives me a considerable amount of discomfort.

As far as potential profits are concerned, it might be advisable to place some money in copper. The world wide supply of copper is not such a mystery and the demand is escalating tremendously. China is growing at a very steady pace and has unbelievable needs for electricity. They have recently built 4,000 high-rises in Shanghi, all of which are over 20 stories high. They do not have the infrastructure to produce or transmit the power around their country. Their citizens are just starting to be consumers and need the power to enjoy their purchases. There is a tremendous shortage of potable water and electricity will be needed to address that problem.

If a crisis occurs in the Dollar, hard assets will make a dramatic climb in value, including gold. If there is a Dollar crisis, copper should increase also, but it should increase even if there is no crisis.