Posted on 05/20/2011 10:34:24 AM PDT by republicanbred
That leaves $2,500, right? I’d recommend a quality AR-15 rifle and a thousand rounds of ammunition.
A good balance!
For $2500 silver might be a better investment since it’s settled back down to the $35/oz range. There more room for it to go back up quicker than will gold.
I would look at the 20 year return on gold before doing that.
track a good natural resource mutual fund- there are several available....i moved a lot, i mean a lot of money into natural resource funds in 01/09 knowing what a calamity obozo would be- the funds have since more than doubled....the 2-3 returns should be good, though i don’t know they will double...
also look into some international funds; specifically heavy in china, brazil and germany...
Why buy at a MARKET HIGH?
Consider diamonds and prescious gems. It's portable and goes UP in value and not sold as such an inflated price as is gold, right now.
The are; VOG, KOG, and another higher one, with about double the production planned for 2011, “Whiting”.
Silver would be a lot easier to negotiate especially if you bought 'junk' silver coins. Strictly my opinion and it's worth exactly what you paid for it.
I’d take a hard look at the 1980 gold chart too.
Gold is good. They said the same thing when Gold hit $800. It’s almost doubled since then. And it will keep on going up and probably level off at around $2,000.
Diamonds are not a great investment. Russia and De Beers stockpile them and keep their price artificially high. If for some reason, they decided to sell them off, the price of diamonds would crash...
Silver will go up faster than gold because it is a preferred metal for genuine coinage.
When the dollar dives, demand for silver to mint new coins will skyrocket.
...they are 90% silver and cannot be mistaken for anything else....and are small enough denomination to be useful to use in small transactions.
SLV on the NYSE. Buy at 30-32. Or buy physical silver coins. Wait a few weeks though. We are getting into the typical summertime lull in regard to silver and gold. Prices traditionally go down and spike back up in fall.
Gold and silver and always take physical posession and shop around for price.
This site is handy for prices
Mike
bttt
I like to invest in lottery tickets. As soon as I have an spare dollar, I plan to buy one....
They restrict the supply which keeps the price UP!
They will NOT OVER SELL them since that will affect their profit.
I can think of NO reason why they would bring down their VALUE.
Other options are investing overseas or in a domestic based start up. The only problem with those is if you make money off them, you'll be taxed accordingly. That's another reason why diamonds and precious stones are good because they sit there and don't call attention to themselves after they are purchased and they are portable. Any country in the world will have someone that will purchase them in cash - that is how it is done ... .
It’s her money? What does she think should be done with it?
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