[Lancey Howard]

You know, instead of stockpiling gold as a hedge against inflation, stockpiling quality guns and rifles might be an even better idea. They hold their value and protect themselves at the same time. Plus, they are readily marketable. Sure, guns and rifles take up more space than gold coins but at least they can be used to get food.

[Atlas Sneezed]

You know, instead of stockpiling gold as a hedge against inflation, stockpiling quality guns and rifles might be an even better idea. They hold their value and protect themselves at the same time. Plus, they are readily marketable.

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An excellent idea if you have a spare thousand or ten thousand. But if you have a spare hundred thousand, they are more of a challenge to liquidate.

[cc2k]

Lancey Howard wrote:

You know, instead of stockpiling gold as a hedge against inflation, stockpiling quality guns and rifles might be an even better idea. They hold their value and protect themselves at the same time. Plus, they are readily marketable. Sure, guns and rifles take up more space than gold coins but at least they can be used to get food.

If you leave out the word "instead," I'm 100% with you.

I consider a "well rounded" precious metals insurance portfolio to include gold, silver, lead, brass and machined steel(possibly with some wood attached, possibly plated). This is one area where diversity is good.