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To: 1_Of_We

Try to put it in your gas tank. In the end, oil trumps gold. Try to sell bullion to the avergae joe too. Good luck with that. Try to buy groceries with it. Good luck with that too. Furthermore, despite all the rumblings about inflation, we’re actually in a deflationary spiral right now which, if unchecked, will make cash King within a couple of years. That being the case, I honestly feel safer sitting on dollars right now. I feel so strongly about this that I pulled $10,000 out of my IRA this week and I’m putting it in the safe as is. I will probably pull another $15,000 out in the coming months too. Look at the CPI. Look at GDP. Look at the unemployment rate. Look at retail sales. look at housing prices. This is deflation man. Serious deflation. And what happens to commodities during deflation? Go ahead and sink your nest egg into useless hunks of metal.


36 posted on 02/19/2009 5:17:04 AM PST by RC one
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To: RC one
Try to put it in your gas tank. In the end, oil trumps gold.

Try to save a lifetime supply of oil and gas in your garage.

I can buy a lifetime supply of gas and oil at any time or over many years with the gold I can fit in my pockets.

39 posted on 02/19/2009 5:19:18 AM PST by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: RC one
Try to sell bullion to the avergae joe too. Good luck with that. Try to buy groceries with it. Good luck with that too.

Today. Six months into a monetary disaster like hyperinflation, the average Joe will be THRILLED to sell to you for gold. Look at Zimbabwe TODAY...

Gold for Bread
41 posted on 02/19/2009 5:23:59 AM PST by Kozak (USA 7/4/1776 to 1/20/2009 Requiescat In Pace)
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To: RC one

Try to put it in your gas tank. In the end, oil trumps gold.

...I honestly feel safer sitting on dollars right now.


You put dollars in your tank?


68 posted on 02/22/2009 8:00:12 AM PST by Atlas Sneezed
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