Posted on 12/13/2013 1:18:46 PM PST by Errant
I don’t care what the “experts” say, I’m holding onto my daughter’s beanie babies for another decade. They’ll finally be worth more than I paid for them by then, lol.
Look at me... a financial GENIUS!
Ok, good article on the problems/hazards and how the money manipulators/printers and their cronies are going to save their a$$-ets. Essentially the savers are screwed.
But where’re the “Best solutions for the screwed savers” to save their assets?
It’s time for a Fort Knox audit to see if Uncle Sammy is on the up and up.
“- - - A better strategy, given this scenario, is to go into debt to purchase assets and pay back the debts later with a devalued currency. - - - “
Uh, - - - how does the above quote differ from THE FED spending 85 Billion of OUR tax dollars a month to “invest in assets?”
"What color is the wheel?"
"Stick it up your nose," he [Ford] said.
"Which is precisely the sort of thing we need to know," insisted the girl. "Do people want fire that can be fitted nasally?"
If I were to offer you a silver dollar or a bitcoin, which would you want?
That's no indictment of gold -- just stupid people.
You missed the entire point of the article.
Sure is Occupy Wallstreet over on ZH.
It’s all about the 99% versus the 1%.
If it ever was just a contrarian financial website then it’s been actively infiltrated by the left now.
I'll take the silver dollar
Actually I showing that the article has no point. The vast majority of the money running around in our economy has no physical representation, it’s electronic. Now if he wants to complain about ISSUING too much money he might have a valid complaint, but every time he talks about printed money he’s showing he doesn’t know what he’s talking about. Printed money is a minor portion of the economy now, it just plain doesn’t matter. And neither does the article.
Purchase hard assets with currency now. Capitol tools, lead, food, whatever. Using what is at hand now to secure items of need for the future is the only sane solution I can see.
True. We have a time window of about 20 years the way I see it. Then it’s game over. Get HARD assets now.
Tulip Bulbs
or DayLily Tubers...all parts of the daylily are edible (not saying they taste good. just saying they are edible)
See, if you took the bitcoin, no matter where you are in the world, it could be in your wallet in seconds and you could convert it to $875 and have in your bank account tomorrow.
You could then use it to buy about 35 silver dollars and the Government would have no idea where it came from or where it went.
And you would pay the tiniest of fees. Safe, fast, and cheap.
If you still want your silver dollar, come find me and I will dig it out of the safe. I have a bunch of them. I buy them with bitcoin profits. Lots of profits.
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