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To: Kartographer

Just one question:

How do you keep buying gold if you never started buying gold?
Anybody got a simple answer?

(actually, I do have a gold pan somewhere and a small dredge...)


3 posted on 09/14/2011 9:55:04 PM PDT by djf (Buncha sheep: A flock.. Buncha cows: A herd.. Buncha fish: A school.. Buncha baboons: A Congress..)
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To: djf

One simple answer is, he’s not talking to you personally but to the general public, of which you are a member. The general public has been buying at least some gold, and should continue doing so. It would be acceptable under this interpretation for you to begin buying gold, even though that would appear to contradict his instructions to “keep” buying gold.


4 posted on 09/14/2011 9:57:43 PM PDT by coloradan (The US has become a banana republic, except without the bananas - or the republic.)
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To: djf

Forget buying Gold. Stock up on canned goods. If there is a meltdown a can of food will be worth its’ weight in gold. Or, stock up on lead and brass. You can use it to get all the gold you want.


7 posted on 09/14/2011 10:05:52 PM PDT by IAGeezer912 (If government ownership of business is so great, why aren't the N. Koreans filthy rich?)
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To: djf

Start where you are.


8 posted on 09/14/2011 10:11:19 PM PDT by Pru
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To: djf

Look into buying bullion coins and bars-
sold in small amounts of 1 grain to 1 troy oz or more

You can browse eBay or any of the precious metal selling sites to get a feel for prices

My first purchase was coins of 1/10 oz - easy money if I ever need to cash them in or barter them. You pay a premium over spot price of metal for the coin but get it back when you sell

Silver is also real money and cheaper. Pre-1964 US coins have 90% silver content and are called “junk silver”, you can accumulate them

Here is an idea of the precious metal value of gold and silver coins
http://www.coinflation.com/silver_coin_values.html

I don’t care what hoarders say- people will always need some form of recognized money and gold and silver habit from 10,000 years will be hard to break. If your local dealer had gasoline to sell or barter would he prefer silver or gold coin or 10 cans of beans?

Most gold (75%) is bought elsewhere in the world, India and now in vending machines in China. Imagine somoene buying 5 POUNDS of gold from a vending machine! I just wonder how the machines keep up with spot prices?


18 posted on 09/15/2011 1:50:06 AM PDT by silverleaf (Common sense is not so common - Voltaire)
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To: djf
Ammo will be worth more than gold WTSHTF. Even spending $25 every pay day on a 100-round brick of 12 gauge birdshot at Wal-Mart, or $20 on a 550-round box of .22LR will pay off exponentially...as barter material, being able to put food on the table and for defense against two-legged predators.

Of course, it's also a good idea to have at least 500 rounds for every weapon in your arsenal, and 1000 rounds for your workhorse rifles. That way, when those with the "I have a gun, so I can get all the food, gold and ammo I want from my neighbors" attitude can become carrion for the vultures in your driveway.

Scouts Out! Cavalry Ho!

21 posted on 09/15/2011 5:20:21 AM PDT by wku man (Who says conservatives don't rock? http://www.bigdawgmusicmafia.com)
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To: djf

How do you keep buying gold if you never started buying gold?
Anybody got a simple answer?


Start now, stop worrying about the price. Invest a regular amount of dollars regularly, and don’t worry.


27 posted on 09/15/2011 8:08:01 PM PDT by Atlas Sneezed (Are you better off now than you were four trillion dollars ago?)
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