Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Bobkk47

I think part of their plan is to float these ideas to make people panic so that they cash out their 401Ks and IRAs, paying both the tax and the penalty. If they can make a lot of people do this, they would get a nice spike in revenue.

If you take your money out, I’d convert quite a bit of it to any of the three precious metals (gold, silver, lead). Because when you dig it up the cash won’t be worth a fraction of what it is when you bury it.


54 posted on 01/09/2010 11:06:05 AM PST by Ghost of Philip Marlowe (Prepare for survival.)
[ Post Reply | Private Reply | To 22 | View Replies ]


To: Ghost of Philip Marlowe
I’d convert quite a bit of it to any of the three precious metals (gold, silver, lead).

Don't forget the fourth precious metal -- 'blued steel'. An extra Glock or Smith & Wesson will be worth it's weight in gold for trade once the SHTF!

62 posted on 01/09/2010 3:19:47 PM PST by broken_arrow1 (I regret that I have but one life to give for my country - Nathan Hale "Patriot")
[ Post Reply | Private Reply | To 54 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson