Howard Ruff Gives Tips to Investors During Rough Times

While browsing on Kitco.com the other day, I looked in the Commentator’s Corner.  An article caught my eye that was written by Howard Ruff, a controversial financial advisor from the 1970′s.

Although Howard Ruff is known in many investor circles as the The Prophet of Doom, some of the things in the article I did like.  Ruff believes that within the next 6 months to a year, the United Stated will enter into a hyperinflationary period.  This seems logical if we keep printing bailout dollars in the billions.

Some of the investment choices that Ruff recommends in the article I tended to agree with including:

  • Reduce spending
  • Don’t buy a bigger house
  • Buy metals while they’re down (silver!)
  • Buy oil while it’s down

What else should we be investing in? All comments appreciated.

Posted by Tbird on February 4, 2009

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