Posted on 02/02/2013 7:29:39 PM PST by Perdogg
If someone could take the hit- so far as penalties and taxes- and cashed out, where would be a good place to put their money?
If they really want CW-II, they can try that.
Said the government flim-flam man with his government scam.
/johnny
6 months ago, I would have said ammo.... but there isn't any on the open market anymore. My .22LR have appreciated 500% since I bought them.
/johnny
From the article:
“The bureau’s core concern is that many Americans, notably those from the retiring Baby Boom generation, may fall prey to financial scams . . .”
I’ve already fallen prey to one financial scam - it’s called Social Security.
By coincidence, it turns out the amount I’ve put in my private retirement account almost exactly matches the amounts contributed by me and my employer in FICA. Yet present projections are that my private account will pay on my retirement almost *twice* what Social Security will - *and* that includes preservation of my principal for my heirs.
The last thing I want is those sharks anywhere near my individual retirement funds.
physical commodities, underground bunker with air filtration, self defense necessities.
Your matress. Also, at least part of it denominated in another currency.
If someone could take the hit- so far as penalties and taxes- and cashed out, where would be a good place to put their money?There's no good place.
Wherever you put it, they'll come after it.
Yeah...ponzi scams like like Social Security....
One option is numismatically significant gold and silver coins.
Just like they protected people who had money parked at MF Global?
Thank God Almighty, safe at last, the government regulators are here to help.
Hot dog. What a great idea.
But but but....
Tell me of a bigger scam than social security. That makes Murdof look like a totally incompetent crook.
“The bureau’s core concern is that many Americans, notably those from the retiring Baby Boom generation, may fall prey to financial scams”
http://www.johnspeedie.com/healy/bull.wav
If it's gold, bury it and booby-trap the hell out of it.
Then let the government brownshirts come after it.
I have wondered the same thing myself. I wonder how much gold and silver are worth in areas where mass famine is happening. I think our economy is being crashed intentionally to prove the free market does not work. They think they can control chaos to impose communism/progressive end goals/people’s republic utopia. I think they can crash things, but I don’t think they have the capability to achieve anything. We will be like Zimbabwe if people don’t wise up by the 2014 election.
“We’re the Government, and we’re here to help you.”
I have wondered the same thing myself. I wonder how much gold and silver are worth in areas where mass famine is happening. I think our economy is being crashed intentionally to prove the free market does not work. They think they can control chaos to impose communism/progressive end goals/people’s republic utopia. I think they can crash things, but I don’t think they have the capability to achieve anything. We will be like Zimbabwe if people don’t wise up by the 2014 election.
Cool, sort of like hiring a reformed hacker to be head of cybersecurity. They’re certainly in a position to know about financial scams, but it’s the “reformed” part that worries me.
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