The UnDollar Digest is a service offered by Will Reishman, a Registered Investment Advisor with CobyLamson Capital Management of Medford, Oregon. The Digest’s primary purpose is to educate and inform. U.S dollar-based investors must pursue an investment strategy that requires a radical departure from past practice and the norms of traditional investment discipline. To commit to such a course, however, requires conviction that can only come from well-informed understanding.

The present investment environment is unlike any other in the history of the United States. The challenge before us is not merely to negotiate the perils of today’s manic and volatile markets, but to do so while preserving the purchasing power of capital in light of the ongoing devaluation of the U.S. dollar.

It is our confirmed view that this is far and away the most significant issue facing U.S.-based investors: the inevitable long-term decline of the U.S. dollar. All other issues are secondary, for unless investors are properly positioned for what may become a full-fledged currency crisis, they remain in an untenable risk posture.

Most of the material posted on The Digest originates with others whose judgment we value, or is information relevant to the issues we are tracking that might escape the reader’s attention. In some cases we edit material to give the reader the essence of a given argument without, for example, all the statistical detail.

We welcome discussions with our readers about their personal situations. We will be pleased to offer initial insights and counsel, as well as to have the opportunity to represent how our services may be of benefit.

Mr. Reishman can be contacted at 541-773-7774, 877-740-0174, or will@undollars.com