Its not really a bubble. But to the average person out there I'd say if you wanted to get into metals to protect whatever assets you have, I'd focus on going long on Silver, not Gold. You can accumulate many more ounces of silver for the price of one ounce of Gold. Plus silver has 10-20,000 unique industrial applications. Gold has relatively few. Unless you have your Gold in Grams or like 1/20 OZ units don't count on being able to use those Gold coins to run to the store and grab some groceries.
Focus on water, food, and ammo. With extra funds you may have, convert that into silver.
I have some gold, 95% silver. I put everything in gold & silver, and even if it never went up again (& it will for sure), my returns are 50-75% and I JUST purchased another $1000 in silver. I feel real good about my "portfolio", I feel real bad for my sheeple yuppie friends and relatives who have everything in the stock market.
I bought 50 Silver Eagles on Monday. I saw the price dip on Wed. I'm still not bothered, the price will go back up. I'll be planning on buying 100 more Silver Eagles, next month.
This is it. Don't wait until May 24, 2010 to put in your battle plan. Do it now. This is no wack talking to you, the next 63 days will be ride of your life. The US Dollars Index is now 85.93, the Dow is 10068, a drop of 376. Gold and Silver took a ride today, but now for long. Go to the side line now.
As for PMs/silver, I recommend buying Roosevelt or Mercury 90% silver dimes - PERFECT for barter/trade down the road. Pure one ounce coins will be worth way too much to use for basic commerce.
And there I was, sitting in the path of waves and waves and waves of stampeding chinamen. Wok, fuk, ham gok, penis imapalement army of minis. Billions upon billions of charging stampeding chinamen still breeding up even more. The math was written in stone: HBomb we summon you to control our genital fires for us. Make it so.
The ultamate bubble indeed! I'll continue to spend my money on things I will need and can barter with more easily. Pork & beans, bullets...
ReplyDeleteto 1215
ReplyDeleteIts not really a bubble. But to the average person out there I'd say if you wanted to get into metals to protect whatever assets you have, I'd focus on going long on Silver, not Gold. You can accumulate many more ounces of silver for the price of one ounce of Gold. Plus silver has 10-20,000 unique industrial applications. Gold has relatively few. Unless you have your Gold in Grams or like 1/20 OZ units don't count on being able to use those Gold coins to run to the store and grab some groceries.
Focus on water, food, and ammo. With extra funds you may have, convert that into silver.
Interesting. One billion Red Chinese can't be wrong....
ReplyDeleteInteresting. One billion Red Chinese can be dead...
ReplyDeleteI have some gold, 95% silver. I put everything in gold & silver, and even if it never went up again (& it will for sure), my returns are 50-75% and I JUST purchased another $1000 in silver. I feel real good about my "portfolio", I feel real bad for my sheeple yuppie friends and relatives who have everything in the stock market.
ReplyDeleteI bought 50 Silver Eagles on Monday. I saw the price dip on Wed. I'm still not bothered, the price will go back up. I'll be planning on buying 100 more Silver Eagles, next month.
ReplyDeleteThis is it. Don't wait until May 24, 2010 to put in your battle plan. Do it now. This is no wack talking to you, the next 63 days will be ride of your life. The US Dollars Index is now 85.93, the Dow is 10068, a drop of 376. Gold and Silver took a ride today, but now for long. Go to the side line now.
ReplyDeleteInvest in lead in your favorite flavors. It will get you what you need and help maintain what you have down THE ROAD.
ReplyDeleteAt minimum you need a reliable 12 ga shotgun and a AR-15. Figure at least 250 of 00 Buck & 1000 rounds of 5.56.
Anonymous @ 4:01 PM: What are you suggesting is going to occur on the 24th?
ReplyDeletepossible stock market crash tomorrow or monday
ReplyDeleteOf course it is POSSIBLE, bfd.
ReplyDeleteAs for PMs/silver, I recommend buying Roosevelt or Mercury 90% silver dimes - PERFECT for barter/trade down the road. Pure one ounce coins will be worth way too much to use for basic commerce.
And there I was, sitting in the path of waves and waves and waves of stampeding chinamen. Wok, fuk, ham gok, penis imapalement army of minis. Billions upon billions of charging stampeding chinamen still breeding up even more. The math was written in stone: HBomb we summon you to control our genital fires for us. Make it so.
ReplyDeleteThank you for the reply, 9:26 PM. Are you able to expound on the possibility?
ReplyDelete