I am buying 23 k worth of physical gold coins

Quote from daddyeaux:

I guess the inventory should include a few gold coins, a few silver dollars and a ton of lead bullets.....

LOL :D :D hell yeahh

once again I want to point out that this should not consume a man's life, but why in the world would it be so hard to buy gold and silver once in your life and to buy and replace water and medicine stash every 3-4 years.
Not a big deal in my opinion, and you know my grandfather always had several guns throughout the house, as did my father, and you know frankly what is wrong with that, nothing, we were never criminals either, just tax paying god fearing people :D

I hope other people read this thread and do the same :)
 
btw, i believe letting currencies float got us into the competitive race to the bottom of the currency bucket that we find ourselves in.....

the rest of the world thinks the same thing since dollar pegs, (not official, but street level) are falling all over the place......

black markets in dollar peg countries are springing up all over the place............
 
I remember times when questioning the almighty US dollar was enough to certify a person as insane. The fact that people are even discussing the issue shows red flags. But also there is such a thing as self fulfilling prophesy. For example in recession when people abstain from spending they are furthering the recession.

Also in Canada their prime minister Stephen Harper, told the nation few days ago to be proud of their economy but ALSO to prepare for rough times ahead
 
Quote from bad feeling:

I remember times when questioning the almighty US dollar was enough to certify a person as insane. The fact that people are even discussing the issue shows red flags. But also there is such a thing as self fulfilling prophesy. For example in recession when people abstain from spending they are furthering the recession.

Also in Canada their prime minister Stephen Harper, told the nation few days ago to be proud of their economy but ALSO to prepare for rough times ahead



The Canadian economy is wholly natural resource based and it's east coast manufacturing is close to 90% dependent on the US economy.

When the US and therefore the global economy slows down, the Canadian economy will get hit hard. Trees never grow to the moon, neither does an economy grow upwards in perpetuity. Especially un-diversified ones. Maybe Harper is the only honest politician around.
 
Quote from arealpissedgoy:

The Canadian economy is wholly natural resource based and it's east coast manufacturing is close to 90% dependent on the US economy.

When the US and therefore the global economy slows down, the Canadian economy will get hit hard. Trees never grow to the moon, neither does an economy grow upwards in perpetuity. Especially un-diversified ones. Maybe Harper is the only honest politician around.

indeed. They will have us begging, pleading them for the North American Union - playing direclty into the elite bankers' hands.

Lots of pain ahead, a mini Great Depression, engineered by the bankers. For them, it's not about money - it's about control. When you have unlimited money and the abilty to print it at will, the game changes. Wage slaves like oursevles have a hard time understanding that.
 
Quote from TorontoTrader2:

indeed. They will have us begging, pleading them for the North American Union - playing direclty into the elite bankers' hands.

Lots of pain ahead, a mini Great Depression, engineered by the bankers. For them, it's not about money - it's about control. When you have unlimited money and the abilty to print it at will, the game changes. Wage slaves like oursevles have a hard time understanding that.

Toronto guy I find you to be quite astute in most of your posts, couldn't agree more
 
Quote from dozu888:

if your motive is to hedge inflation, buy something that has a yield, like a rental property, timberland or something.

gold just sits there, doing nothing.

Nothing...? When was 35% nothing?
 
Quote from dandxg:

Tim Morge, a trader I very much respect, told a group of us recently if it comes to a complete meltdown you will do better with a gun and bullets than some coins, whether they be gold or silver.

I think we are likely to have a global recession, but not a full blown meltdown. Possibly some US stagflation too.

My sentiments exactly. Spot on!
 
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