I Think We Are In Big Trouble/ For You Vi

well its pretty correct

i mean like gerald celente says, you cant produce a currency backed by nothing, producing practically nothing, and expect to survive


the dollar will be worthless, and precious metal values will skyrocket

invest in gold

Obama and co. didn't start this, they are simply moving it along with their spending spree.
A world currency will "save and enslave" us all. Wait and see.

Originally Posted by Keenly

well its pretty correct

i mean like gerald celente says, you cant produce a currency backed by nothing, producing practically nothing, and expect to survive


the dollar will be worthless, and precious metal values will skyrocket

invest in gold

What about people that don't have the money to buy gold?

http://www.lakotasilver.com/catalog/index.php?cPath=21

Silver rounds are like 24 bucks a peice.
Weed, Booze and bullets will also be in high demand.

Own the actual rounds though don't relie on the Markets.
There are some nasty rumors about fraud going round.
The Government has priores of confiscation as well.
In the 30's they would throw your ass in prison if you were "hoarding."

Always remember when this goes down.
The people who caused it will be the same ones who will want to "save us."
The progressives and Neo-Cons will say
"we have to nationalize, we need price controls"
Remember it was these knuckleheads that got us here.

We have to Shit-Can the FED.

Originally Posted by GrowRebel

What about people that don't have the money to buy gold?

BUY SILVER!!!!!!!!

Gold will keep its value, but silver will gain in value. Did you know that there is actually more refined gold on earth than silver. In fact there is 5 times more Gold sitting in vaults than there is silver. Silver is one of the most important industrial metals there is, almost all electrical or electronic devices require some amount of unrecoverable silver. Silver is the worlds most powerful anti bacterial agent and has many medical uses. In 1946 the USA held 2.2 Billion ounces of silver in the treasury, today it has none and has had none since 1974. There has been a mining deficit for silver for nearly 3 decades, IE they use more than they mine. The last remaining US held significant silver "Stockpile" was used in the coils of the nuclear enrichment facility in Oak Ridge, Tennessee, 47 tons worth was sold to Britain.

Go to a coin shop/jeweler/gun show and ask for either "junk silver" which are older 1964 and previous year quarters, half dollars and dimes which are 90% silver OR ask for peace dollars or 1921 Morgans. At some coin shops you can get pure silver ingots or rounds. They are bullion and come in exact weights of 1,2,5,10,100 ounce troy. You can get banker bars too ( 1,000 oz). They may not have much up front so you have to ask. If you have a bullion dealer or a gold exchange they will have all sorts of rounds, bars, ingots, coins etc etc and will give you the best price. How they price it for the junk silver is by face value, say for four 1964 quarters ( 90% silver) would be 1$ of face value. So the price right now would be around $15 of paper dollars for $1 of real silver money. They price the rounds, ingots etc etc on the spot price plus a premium. Everyone pays a premium, even the dealers do, the only time you dont is if you play the paper markets ( CoMEX, ETF). Right now My dealer has a premium of between $1.50 and $2.00 over the spot price, PER OUNCE troy. Right now at this exact moment 10-9-2009 19:17 silver's spot price is $17.70 and the markets are closed for the weekend. So my dealer would charge $19.20 for each ounce of bullion I bought.Silver has Gained $3.70 per ounce in the last 60 days which is a 20% increase as compared to Gold's increase from 950 to 1050 and 10.5% gains. Can you afford $20 to buy each ounce of silver? Would you kick yourself if it went to $300/ounce?
BTW golds premium is about 10-15% so one ounce today would cost $1,050 + $105 = $1155 per ounce.

Spot Prices here : http://www.kitco.com/market/

Originally Posted by NoDrama

BUY SILVER!!!!!!!!

Gold will keep its value, but silver will gain in value. Did you know that there is actually more refined gold on earth than silver. In fact there is 5 times more Gold sitting in vaults than there is silver. Silver is one of the most important industrial metals there is, almost all electrical or electronic devices require some amount of unrecoverable silver. Silver is the worlds most powerful anti bacterial agent and has many medical uses. In 1946 the USA held 2.2 Billion ounces of silver in the treasury, today it has none and has had none since 1974. There has been a mining deficit for silver for nearly 3 decades, IE they use more than they mine. The last remaining US held significant silver "Stockpile" was used in the coils of the nuclear enrichment facility in Oak Ridge, Tennessee, 47 tons worth was sold to Britain.

Go to a coin shop/jeweler/gun show and ask for either "junk silver" which are older 1964 and previous year quarters, half dollars and dimes which are 90% silver OR ask for peace dollars or 1921 Morgans. At some coin shops you can get pure silver ingots or rounds. They are bullion and come in exact weights of 1,2,5,10,100 ounce troy. You can get banker bars too ( 1,000 oz). They may not have much up front so you have to ask. If you have a bullion dealer or a gold exchange they will have all sorts of rounds, bars, ingots, coins etc etc and will give you the best price. How they price it for the junk silver is by face value, say for four 1964 quarters ( 90% silver) would be 1$ of face value. So the price right now would be around $15 of paper dollars for $1 of real silver money. They price the rounds, ingots etc etc on the spot price plus a premium. Everyone pays a premium, even the dealers do, the only time you dont is if you play the paper markets ( CoMEX, ETF). Right now My dealer has a premium of between $1.50 and $2.00 over the spot price, PER OUNCE troy. Right now at this exact moment 10-9-2009 19:17 silver's spot price is $17.70 and the markets are closed for the weekend. So my dealer would charge $19.20 for each ounce of bullion I bought.Silver has Gained $3.70 per ounce in the last 60 days which is a 20% increase as compared to Gold's increase from 950 to 1050 and 10.5% gains. Can you afford $20 to buy each ounce of silver? Would you kick yourself if it went to $300/ounce?
BTW golds premium is about 10-15% so one ounce today would cost $1,050 + $105 = $1155 per ounce.

Spot Prices here : http://www.kitco.com/market/

What about the folks who are unemployed, under employed, given up on looking, living from paycheck ... for those with a job ... to paycheck ... those struggling to make ends meet ... where do they get the money to buy silver or gold?

Those people should grow a garden, food will be the primary expenditure in the future if this all pans out as they say. Buy freeze dried food or food stuffs that do not go bad easily and will last a long time in storage. Buy Liquor to barter with, get some beer making supplies. There are lots of things those who are not so fortunate can do.

If you don't have enough money to consider buying gold.... I've got bad news for you.