Posted on 10/15/2010 9:54:44 PM PDT by FromLori
Buy gold. And silver. And lead. And copper. And indium. And yttrium. Come to think of it, buy them all. Except for lutetium, and bromine. But get all the rest. At least a little.
It doesn’t take a rocket scientist......
Lead is the best for the long term.
How about bottled water, generators, gas. The market since the end of August has went up over 10%, nothing going on in the Economy can explain part of this, Unemployment Lost 95,000 more net jobs, consumer confidence, foreclosures, $1.3 - $1.6 Trillion debt.
The thing is any interest bearing investment is dead, now would be a buying opportunity. Gold, Silver, Platinum, Copper. Any commodities are on a tear including food. This has to become inflationary at some point.
Buy ammo.
Lead and brass. Don’t forget brass.
Okay, but when I’m done violently selling stuff, I’m not ever listening to any fancy pants movie soundtracks again. I hope he’s happy.
that being said, I am locked and loaded.
Load up with Thyme,Cloves and Rosemary too.
lol
Investment Dead Cat Ping!
It kind of amazes me that some people see gold and silver as the ultimate wealth protector. The article claims gold tends to hold its buying power over time. It wasn’t all that long ago that gold was under $300 an ounce (and silver under $4). Had someone purchased gold at the peak of its last bubble in the 80’s, they would have had to wait twenty years to break even (not counting inflation).
I’m all for people doing whatever they think is in their best interests, but I wouldn’t touch gold with a ten-foot pole. I purchased metals back when they were practically giving them away, but right now, this run up looks speculative to say the least. Like every bubble, there will be plenty of folks pushing the “product,” not because they care about you or I, but because they want to profit from it. Historically, these things always burst, and when they do, the late comers get slaughtered.
National Inflation Association is very informative and ranks the gold/silver sellers. Check out articles and videos at NIA website.
Good guns and rifles are good investments because they hold their value and protect the investment at the same time.
Copper! You need copper to protect your lead!
I need some guidance on managing my mother’s 401k to protect what she has and hopefully grow it to help support her through her illness.
I heard coal is good too. China is consuming a lot more coal. GOP likely to be kinder to coal. WV better get rid of Dems too.
Sound advice.
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