Silver is cheap, but it won't perform as well. In the end, it's better to save for the gold, but right now, it is not wise to buy at the top of the cycle. Gold will fall at some point. save up and make your purchases then. Buy bullion instead of old coins.

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You haven't countered nothing, because the points you made are not valid, you are basing your counter on information you don't understand, regardless the accuracy of the information, because it does not state what you are saying.. (Brazko)

Yeah, everyone go buy gold! Then, if we return to the gold standard, the government can confiscate it from you! Whee!

Ron Paul 2012! Return to the gold standard! LOL!

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A government big enough to give you everything you want, makes Santa Claus pretty much obsolete.

Dont waste your money on gold or silver. Learn to provide for yourself. Buy some equipment that will help you or something. I'd rather buy some solar panels over some soft rock with a dingy color to it.

The system is the way it is, cause thats how they want it to play out. They ARE going to take away everything from us. First by sending us into turmoil with ourselves, then offering a solution to this madness. Madness they had orchestrated.

Americans are blind and so is the rest of the world. The capacity for such a wonderful life, for every man, woman and child is here right in your backyard. The govenment has been stripping us of our lives, in return giving us new ones, look were we are headed. People need to go back to basics.

You know, what would happen if the food trucks just stopped showing up?
You may already know, and you may soon find out.

well, the facts are.... there is no solution. When we crash it will be the real deal. All they are trying to do is stave it off as long as possible. It doesn't matter if they add a few more trillions to a debt we CANNOT PAY OFF anyways (not under this administration anyways). Americans are spoiled and will not tolerate the real sacrifice it would take for DECADES to turn it around....so it won't happen.

The crash will come when other nations like China simply say NO to more loans without PHYSICAL assets being given to them (like our industry).

If you are going to stay in dollars, you will lose everything.

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You haven't countered nothing, because the points you made are not valid, you are basing your counter on information you don't understand, regardless the accuracy of the information, because it does not state what you are saying.. (Brazko)

There is no doubt whatsoever that we are in a very deep and smelly pile of doody!

Precious metals are an excellent hedge against inflation and a weakened dollar.
IMO gold is the best however.

Yuan denominated bonds also make sense for some of your investable money. I would buy only "gilt edge" yuan bonds,

Another consideration would be TIPS...but these being dollar denominated I would only feel comfortable taking a relatively small position in them.

I am rather pessimistic about the US economy in general, as the POTUS seems content to let the dollar continue to get bloodied.
This is not good!

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If you wind up with a boring, miserable life because you listened to your mom, your dad, your teacher, your priest or some guy on TV telling you how to do your shit, then YOU DESERVE IT.
~ Frank Zappa ~

Liberty means responsibility, that is why most men dread it.
~George Bernard Shaw~

Yes, Obama officially says he is against letting the sawbuck fall, but is doing absolutely nothing about it....

After you purchase at least 10-20% of your assets into gold, watch the markets and trade the rest of your dollars in for Euros if you can. Get out of dollars......they are almost finished.

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You haven't countered nothing, because the points you made are not valid, you are basing your counter on information you don't understand, regardless the accuracy of the information, because it does not state what you are saying.. (Brazko)

Man do I hate Keynesianism

It's an economic theory which should never leave paper and enter the real world.

But it is an economic theory which GREATLY enhances the power of the STATE, so it is irresistible to the politicians who crave power over the individual.

Obama is the catalyst for this. It will destroy everything in the end.

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You haven't countered nothing, because the points you made are not valid, you are basing your counter on information you don't understand, regardless the accuracy of the information, because it does not state what you are saying.. (Brazko)

Here is one man's opinion on how to extricate the US from this steaming pile of dung.

I think Larry has it about right.




Save the Greenback, Mr. President [Larry Kudlow]

We know that gold is soaring. And we know the dollar is slumping. But, did you know that year-to-date, while the S&P 500 is up 18 percent — a great showing, no doubt — gold is up even more? The precious metal is up 21 percent. In other words, measured in true, gold-backed purchasing power, stocks have really done nothing this year. Zip. It is most disappointing.
I try to be optimistic about better earnings, a stock-market rally, and economic recovery. And I’m sticking to my guns. But what we’re seeing right now is pretty darn close to what we witnessed in the 1970s — the rise in gold and inflation really cuts into the stock market.
So what’s the way out?
Well for starters, we need a stable dollar to stop inflationary pressures. And we also need lower tax rates to spur the economy, help it grow, and reduce unemployment. I’ve been calling this the Mundell-Laffer supply-side solution, after Nobel Prize–winning economist Robert Mundell and my mentor, former Reagan advisor Arthur Laffer. It was put to work with great success nearly 30 years ago to stop stagflation. It also launched a 20-year bull-market recovery.
Put simply, the Mundell-Laffer model exercises monetary restraint to save the dollar — and low marginal tax rates for economic-growth incentives that benefit investors, risk takers, small businesses, and workers. Right now, for therapy, the Fed should begin moving excess cash from the economy, and they should raise their target rate. Take a page from the Reserve Bank of Australia’s playbook and move rates higher.
In addition, the Treasury ought to get out there and buy these unwanted dollars in the marketplace. Just go out there and bid for them. And they need to stop printing so much debt from Congress. All this massive spending and borrowing is killing us. We need to be slashing tax rates on large and small businesses. There’s just no better place to begin job creation. And leave the Bush tax cuts in place, for heaven’s sake.
This supply-side shock therapy would save the dollar. And it would put real long-term torque into the recovery.
We’re supposed to be in an era of post-partisanship. So in this spirit, I’d like to respectfully ask President Obama and his economic team to give this plan a try. It worked for JFK. It also worked for Bill Clinton and Ronald Reagan. It can work for you as well.
The time has come to save the greenback and grow the economy, sir.

http://kudlow.nationalreview.com/pos...WY5YTNjNzQ5ZjE=

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If you wind up with a boring, miserable life because you listened to your mom, your dad, your teacher, your priest or some guy on TV telling you how to do your shit, then YOU DESERVE IT.
~ Frank Zappa ~

Liberty means responsibility, that is why most men dread it.
~George Bernard Shaw~

Yes, things can be done.... but we need new leadership in the White House and Congress to do it.

The rest of the world just wants to see us take a positive direction of fiscal responsibility.

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You haven't countered nothing, because the points you made are not valid, you are basing your counter on information you don't understand, regardless the accuracy of the information, because it does not state what you are saying.. (Brazko)