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To: screaminsunshine
How can it be going up on such awful news? That alone makes it suspect. I think it is a big scam.

When the banks give you zero interest, and risk of failure/closure is real.
When Municipal bonds are 'guaranteed' by a bankrupt municipality.
When Gold has already gone up 500% (5X) in the last few years.
When the mad hatters in the Federal Government are cranking up the printing presses at the mint to fund their insanity.
When Real Estate still has some serious risks - because the bad loans still haven't been flushed out...

Its not all that easy to figure out where to park your money.
Buying a portion of some Companies (i.e., Stock) isn't all that unreasonable. Yes its risky (given the inherent poor health of the economy) - but I don't see it as being riskier than the other options.
Canned goods and Ammo I guess ... but how much of that are you going to 'invest' in?

26 posted on 02/18/2011 5:06:12 PM PST by El Cid (Believe on the Lord Jesus Christ, and thou shalt be saved, and thy house...)
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To: El Cid

Well I got some silver a while back at 12.50 and now it is over 30. It has not even been 2 years.


31 posted on 02/18/2011 5:23:54 PM PST by screaminsunshine (34 States)
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To: El Cid

First they (politicians) excessively tax (to redistribute income).

Then, they borrow.

Then, they have to print money, to give entitlement checks.

Then, Inflation hits.

Then, money is no longer a Store of Value...

Then, creditors (lenders, investors, depositors) don’t want to loan (with uncertain returned value, due to inflation).

Interest rates rise, to compensate for the uncertainty.

Credit markets are effectively destroyed. Those markets are (were) our only way to finance, vital, very long term, expensive producer goods and capital equipment (to improve our economic efficiency).

Then, there is a collapse of the efficient, productive prosperous market economy without a stable currency.

A flight into holding things of “real” value, a flight into real goods, begins.

We revert back to a very primitive economy for a while — barter, trading anything of immediate, practical value (roofing skills, car repair skills, eggs or produce from your backyard, commodities like rare metals, used car parts, etc.)

‘Thanks,’ Government & The Fed, for causing us to eat our ‘seed corn’ through destruction of the capital (credit) markets which began with the social-engineering idea that it would be “nice” to engage in massive, forced wealth-transfers via monetary expansion/instability and budget mismanagement for decades.

Now - we’re all poorer, and have no advanced economy.

I personally think things will get worse unless Congress can move some substantial changes. Until then,I plan to buy & hold things of real value - some gold, your home or some real estate, etc. I would “invest” in something that is local and more certain to be valued in my local community — start a small business, such as a Math tutoring center for children, a small farm, things like that.

No, I’m not kidding.


67 posted on 02/20/2011 9:28:22 AM PST by 4Liberty (88% of Americans are NON-UNION. We value honest, peaceful Free trade-NOT protectionist CARTELS)
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