Tickerguy's Recommendation: Buy Guns

The Market Ticker ^ | 10-6-2010 | Karl Denninger

[Westbrook]

And lots of ammo.

Ammo will be more useful as currency than gold, if things really get bad.

[US Navy Vet]

Invest is Gold and Lead! Lots of each!

[US Navy Vet]

in

[Paladin2]

I'd go with Mr. Remington

[maddog55]

Got plenty of guns... it’s ammo that needs to be stockpiled.

[blam]

JPMorgan Foreclosure Henchman Breaks Into Woman's House - Listen To Her TERRIFYING 911 Call

[Lazamataz]

We now have confirmed instances, including 911 calls, of banks hiring people to break into homes where the foreclosure has not yet taken place, and in some instances, they're breaking into the wrong house. That's illegal - until the bank has a court order giving them possession, they don't have possession and they have no right to be there.

HOLY CRAP!

We're becoming Zimbabwe!

[Eagles6]

Buy lead to protect your gold and silver.

[Paladin2]

[goodwithagun]

I posted on another thread: If gold is $4000/oz and bread is $4000/loaf, it still costs 1 oz. of gold for a loaf of bread. Someone replied that if bread was $4000/loaf then gold would be $500,000/oz. The point is this: If paper money is worthless then the gold you have in your vaults is also worthless, because nobody has cash to pay for it. You can’t eat gold. While I do have some precious metals, I have been focusing on stocking the emergency food supplies. Flame away!

[Pearls Before Swine]

Buy lead to protect your gold and silver.

Modern alchemy.

[MrB]

I gave some “precious metals” advice to my nephew.

Buy metals in this order, as you can afford:

lead and brass in specific configurations,
silver for spending when the dollar is worth less than a sheet of toilet paper,
gold for preserving your wealth to “the other side” of the economic upheaval.

[paulcissa]

Ammo will be more useful as currency than gold, if things really get bad.

You can never have too many bullets.

[ontap]

I don’t know why any one would flame you for that...sounds damn smart to me!!!

[MrB]

Actually, there SHOULDN’T BE a “legal right” to enter a home by breaking in,
without a court order/warrant to do so.

Even law enforcement should be required to KNOCK and present the warrant, and should not be able to do a dynamic entry. No, I don’t care about “preservation of evidence” as much as I care about preservation of private property.

Anyone shot breaking into a house deserves it.

[Atlas Sneezed]

I posted on another thread: If gold is $4000/oz and bread is $4000/loaf, it still costs 1 oz. of gold for a loaf of bread.

---

But gold has never cost an ounce of gold, nor even an ounce of silver. Maybe if you changed your tale to 1/10th ounce of silver, it might make some economic sense.

When you begin with absurd premises, you arrive at absurd conclusions.

[Niteranger68]

Got plenty of guns... it’s ammo that needs to be stockpiled.

Got both....but need yet another damn safe!

[MrB]

Gold is for wealth preservation.
Silver is for currency/spending/trade.

1 oz of silver will buy 10 loaves of bread, regardless of the “price”, in dollars, of each.

[vanilla swirl]

“You can’t eat gold.”

I suppose you could make bullets out of it ;-)