Posted on 08/23/2011 2:22:52 PM PDT by Kaslin
I know. Once again, the opportunity presents, and once again I’m chickening out! But I’m with you on the thought. I’m sticking with decent dividend stocks. Sure, I’ll kick myself later (again.)You gonna buy some BoA?
Right—the gold is worthless and the food is expensive. Duh.
Funds that have minimal exposure to BOA and C.
Gold should be a permanent part of your asset collection. Gold protects you when everything blows up.
I own all of my own acreage and enough gold and silver to keep it from the tax man. My point is if all you own is gold you can’t eat it and when you go looking for food how much gold will you be willing to trade for food.
Also you’re gonna have to be willing to kill to keep it once certain types know you have it.
So this saying “He who has the gold makes the rules.” is dead on but you better spend some now in preperation to keep it.
Gold up 29% this year. Silver up 36%. Both have performed much better than stocks, NYSE down 3.5%. Pick your poison.
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