Mine
Hi,
I've been visiting here for about a week now. I stumbled on to the peak oil by chance really.
Now that I've been researching it for the better part of a month I've come to the conlusion that it is real and that it is inevitable and may be coming too soon for me to prepare adequately. Fortunately my wife believes it can happen. Although her initial reaction was "they will think of something".
Once she became aware of the depth or our dependence on oil then she began to embrace the idea. Oddly, most other people laugh it off when I mention it.
My wife and I have figured out a repayment schedule for our education loans wherein we can pay them off in three years. I hope our current situation remains somewhat static until that time. If not then we are in deep doo doo.
One thing I can do now is to get my discretionary money out of the stock market. I am interested in buying some silver.
Questions are:
Where is the best place to buy it?
What form should I buy it in? (ie coins of ingots)
Should I buy it on paper or have it delivered to my house?
Gold?
For now we're either investing in FDIC insured CDs or precious metals.
Any suggestions would be appreciated.
Thanks,
Roy
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And thanks to all who replied. I have since re-directed all my investments to things that will be resistant/immune to the coming economic -- disaster?-- problems.
Roy