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To: h20skier66

Hold firearms and canned goods at this point.

Far, far more stable than currency, precious metals, or gems at this point.


2 posted on 08/21/2009 12:29:01 PM PDT by MrEdd (Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
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To: MrEdd

Four precious metals to hold:

Gold
Silver
jacketed lead
blued steel


3 posted on 08/21/2009 1:36:08 PM PDT by broken_arrow1 (I regret that I have but one life to give for my country - Nathan Hale "Patriot")
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To: MrEdd
Farm land, tools, seed, equipment. Anything productive is a good bet right now.

Brass and lead ... not a viable currency ... ever. (But still very good to have)
Gold, silver, and commodities. If equities and treasuries crash with all the leveraging going on. These will have a MASS SELL OFF and the prices will drop as hedged and leveraged firms attempt to raise capital to meet things like margin calls. If the currency completely collapses aka Weimar, or Zimbabwe, silver gets very valuable as a working medium of exchange along with the fact that most money is electronic. Deflation will be rampant as the supply of money will be extremely small in pre-collapse comparison.
Does it build or produce something and can you physically own it? That's a good buy. Firearms + ammo are good buys. Food, almost always fungible or tradable for someone's labor. 300 bucks of food can go a LONG way as wages for labor in a post collapse economy.

Those are my thoughts anyway.

5 posted on 08/21/2009 1:55:30 PM PDT by Centurion2000 (The way to destroy a countercultural movement is to have white people start liking it.)
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