1 posted on
10/06/2011 12:23:18 PM PDT by
blam
To: blam
"Load up on gold and silver"Why? The "Progressives" will come and take it; it's their "RIGHT".
Load up on food and ammo; and prepare to defend your Family and property. Money (even the gold and silver kind) will not buy you a future.
MANY Jews in Germany had gold and silver, when Hitler took power.
What they needed were guns and ammo.
2 posted on
10/06/2011 12:29:17 PM PDT by
traditional1
("Don't gotsta worry 'bout no mo'gage, don't gotsta worry 'bout no gas; Obama gonna take care o' me!)
To: blam
So the tubas groam in at the end of the performance! Soon martial law ensues. The plan all along to keep the O. in ofice? I would not be surprised.
3 posted on
10/06/2011 12:34:19 PM PDT by
Paperdoll
(I like Herman Cain!)
To: blam
4 posted on
10/06/2011 12:41:25 PM PDT by
DemforBush
(Serpentine, Shel! Serpentine!)
To: blam
5 posted on
10/06/2011 12:41:49 PM PDT by
cuban leaf
(Were doomed! Details at eleven.)
To: blam
Unexpected!
7 posted on
10/06/2011 1:21:32 PM PDT by
dead
(I've got my eye out for Mullah Omar.)
To: blam
For investors, the simplest way into the metals remains the two large exchange-traded funds (ETFs): The SPDR Gold Trust (NYSE: GLD) and the iShares Silver Trust (NYSE: SLV). There is a modest amount of slippage between these ETFs and the metals themselves, so their prices are running about 2% behind the metals, but their convenience and liquidity make them the best choice for retail investors.
Certainly ETFs are the simplest way, but these are also much riskier than you yourself being in direct possession of the physical metal.
I doubt that GLD and SLV hold a dollar of gold or a dollar of silver, for each dollar invested.
Some knowledgable folks have suggested that the ratio of held metal to invested dollar is 1:100. If true, these funds are selling what they don't hold.
When the S finally HTF, I'd much rather be holding the physical than a piece of paper.
10 posted on
10/06/2011 1:43:57 PM PDT by
bkopto
(Obama is merely a symptom of a more profound, systemic disease in American body politic.)
To: blam
"Martin Hutchinson writes: I first thought U.S. Federal Reserve Chairman Ben Bernanke was being deceitful when he denied the existence of inflation - but now I'm beginning to think he's simply delusional."
Naw, Bernanke's just ever-ready to fight in the currency war. The alternative is to shut down the last of the American shops making any worthwhile products. As for Geithner, he was bred and groomed all of his life to fight currency and trade wars. Read his bio at Wikipedia. The past couple of weeks until a couple of days ago, mobs of foreigners jammed many billions into our debt-debacle dollar.
Our debts went too far before many investors even noticed, so we're stuck with the ugly conclusion sooner or later. May as well have a little more time to prepare yourselves. In the end, it'll be all about natural resources and manufacturing from those.
13 posted on
10/06/2011 2:13:33 PM PDT by
familyop
("Don't worry, they'll row for a month before they figure out I'm fakin' it." --Deacon, "Waterworld")
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson