How many are buying Gold and Silver?
Corky asked:
With the “New World Order” taken shape faster with Obama, the dollar is in serious free-fall. The only true currencies are the ones backed by gold/silver. If the dollar falls and the Fed monetizes debt, hyper inflation will make it worthless. What are you doing to protect your wealth?
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With the “New World Order” taken shape faster with Obama, the dollar is in serious free-fall. The only true currencies are the ones backed by gold/silver. If the dollar falls and the Fed monetizes debt, hyper inflation will make it worthless. What are you doing to protect your wealth?
September 28th, 2009 at 12:18 am
I can barter/trade my way. No need for “precious” metals. RX
September 28th, 2009 at 7:24 pm
laughing at Americans and America. David T
October 1st, 2009 at 7:16 am
Gold is a very inefficient form of wealth. A million dollars of pure gold weighs over 600 pounds. You would have to hire an armed force to protect your gold. If you were lost in a hot desert, what would you want? A 5 gallon barrel of water, or 50 lbs of gold? Mr. Derecho
October 3rd, 2009 at 12:02 pm
I wish I had wealth to protect.
My only concern is collapse of the economy.
If paper money suddenly becomes worthless what do you use?
I have a small amount of silver coins, which due to their nature contain definable amounts of silver for trading.
This is all I can do at this point, and it is sort a ‘last line of defense’ rather than protecting wealth. HammerNH
October 6th, 2009 at 1:42 pm
the government can take your gold as happened earlier in our history. Barter is better I think. God help us all. Lou C
October 9th, 2009 at 12:01 am
Here’s a scary thought:
If I remember correctly, in 2004, a private firm done a poll as to how much gold and silver there is in the world as to how much is being sold. Well, if the poll was correct, it noted that the gold sold on paper to Americans in the continental 48 states would exceed the world’s total amount.
What’s the world going to do if these people say “I want my gold.” oneman2dogs
October 11th, 2009 at 11:47 am
Krugerrands. About $1000 each today, about $300 twenty years ago. Portable, safe, easily convertible. But, keep a Glock handy.
. Kathy