Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: SatinDoll; One Name; GeronL; exnavy

Great article. I agree about the description of the end state and the preparations necessary.

I would argue though, that gold is still an excellent investment under these conditions.

The reason is that the end-state description does not determine how we get from here to there. I believe that one of the intermediate steps will be massive monetarization by the Fed. Even more massive than we have already had. It is the only way to “pay” the derivative debts and keep the financial system from total implosion.

Of course, the results will be like an Argentinian inflation, (which took about 18 months to become the full bore hyperinflation).

And, gold will do very, very well. Better than anything else.

If I am right (always unknown for the future), it will be possible to buy food, land, water purification, and ammo before the total collapse.


45 posted on 09/04/2012 10:23:20 PM PDT by c. k. rowdybush
[ Post Reply | Private Reply | To 1 | View Replies ]


To: c. k. rowdybush; SatinDoll; One Name; GeronL; exnavy

I would argue that barter items may actual be worth more, tobacco, alcohol, ammo, medicine, etc and be easier to sell and change into what you want than gold.


46 posted on 09/04/2012 10:32:48 PM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
[ Post Reply | Private Reply | To 45 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson