Gold, Silver and Oil: Buying the Essentials in Tough Markets

The Money Morning newsletter bills itself as ?Essential investment news & insight from MoneyWeek.com? which makes me suspicious right away because of all the times I have been lied to over the years by people telling me that something is ?essential?, which it seldom is, and it usually turns out to be a code word for, ?It?s gonna cost ya, buddy!? Like today, for example, when I am told that it is ?essential? that I curtail my frenzied buying of gold, silver and oil this month so that one of the whining kids can go to the doctor (or dentist, I forget which) for some real or imagined discomfort, ache, pain, open wound, bloody discharge, festering sore, oozing abscess or gangrenous limb, like I am made out of money or something. Normally, I would explain, with the patience of a saint, for the thousandth time, how the Federal Reserve is creating waaaaAAAAAaaaay too much money and credit so that the federal government can borrow and spend waaaaAAAAaaaay too much money, which is this selfsa...