Re my concerns about the US economy in the May 13 issue: 

“The economic numbers you cited are scary. Have you made any adjustments in your investments in response to them?” – PL

My response: No. I haven’t. Since I favor income over appreciation as a general investing rule, more than 80% of my investments should either keep up with or beat inflation. And half of the other 20% is in precious metals – mostly gold bullion, which will likely increase in value in the coming years.