jim lacamp and bob lutz, thank you very much. thanks for watching this evening.e'll be right back tomorrow. we have discussions about obamacare and see what it means for business. >> announcer: washington to wall street is sponsored by charles schwab. tdd#: 1-800-345-2550 like a lot of things, the market has changed, tdd#: 1-800-345-2550 and your plans probably have too. tdd#: 1-800-345-2550 so those old investments might not sound so hot today. tdd#: 1-800-345-2550 at charles schwab, we'll give you personalized recommendations tdd#: 1-800-345-2550 on how to reinvest that old 401(k) tdd#: 1-800-345-2550 and help you handle all of the rollover details. tdd#: 1-800-345-2550 so talk to chuck tdd#: 1-800-345-2550 and bring your old 401(k) into the 21st century. tdd#: 1-800-345-2550 support team usa and show our olympic spirit right in our own backyard. so we combined our citi thankyou points to make it happen. tom chipped in 10,000 points. karen kicked in 20,000. and by pooling more thankyou points from folks all over town, we were able to watch team usa... [ cheerin

. >> jim lacamp. i'm not sure which one said it, but basically we are beholden to what bankers and policy makers do. >> absolutely. >> we have not been able to generate real growth without doing one of two things. that is debasing the currency or borrowing our way to a false prosperity. >> how do you invest under those circumstances? >> what's the question? >> how do you invest under those circumstances? >> oh, remember every central banker in the world, not just us has to devalue their currency. you've got to put your money in stuff. big cap u.s. with good balance sheets to me is the world's tallest midget. >> every major country holds gold. that tells me that it's attractive. is it attractive to you with the watered down currency? >> it's very attractive as a currency and a store of value. ultimately you want resources but volatility stays with us. investors need to get used to trimming what they don't like and having the portfolio on rallies and nibbling at what they do like on sell-offs. these are