[Schweinshaxe]

Good question!

Do you go down to the arable land pusher at the street corner with your gold and and ask him for 5 - 6 acres to cool your nerves?

I mean, didn't we just learn from this site that personal possession of gold and silver will be outlawed and consfiscated by the gubmint when TSHTF? Who will give a living fuck about who actually owns the land you buy with your gold?

What do you think will happen to your 500 acre land, your 26 room mansion and your machine gun and your trenches if things get nasty?

I'll tell you what will happen.

1. TSHTF light: The gubmint will tax your ass out of it.
2. TSHTF advanced: The gubmint will put a bullet in your head and take it.

I don't know if you've understood me, but if you haven't, it's time for the Schwein to come out of the closet.

90% of what's posted here is pure crap. Academic discussions arguing about the PO date. Republican vs. Liberal discussions about which team is the best. Survivalist morans [sic] discussing gold purchase and how to can tomatoes. Discussions about which is the best type of ammunition and/or weapon to kill a post-PO zombie. Doomers and dreamers discussing armageddon vs. Paradise.

The only thing you have to be afraid of is your own government. All politicians are thieves and liars. The politicians and the corporate fascists (the same entity) are your enemies. To them, you're not a human being. You are nothing but a tax payer and a consumer!

[rogerhb]

$this->bbcode_second_pass_quote('Schweinshaxe', '9')0% of what's posted here is pure crap.

[jato]

$this->bbcode_second_pass_quote('', 'T')he only thing you have to be afraid of is your own government. All politicians are thieves and liars.

[topcat]

I see PM's mainly serving as a hedge against inflation of the worthless dollars that are being printed 24/7, and as an insurance policy should things go south. It will be easier for me to carry them gold & silver trinkets than my investment grade oriental rugs. Gold and silver has been money for thousands of years.

Personally, I prefer to hold the actual metals. I do not feel comfortable holding paper metals (I promise its here, somewhere). Although, I do also have several mining and exploration company stocks. These are with the hopes that we hit a soft crash/landing, in which case, inflation will become hyperinflation and these types of firms should do very well. From what I have read, mining stocks during the depression made some people very wealthy.

Hey Schweinshaxe,
As the two were passing the compound, the first person said:
Ve gates!
And the second replied:
Da hell vit the gates, ve jump da fence.

(At least that's what my grandfather often said.)

[PenultimateManStanding]

$this->bbcode_second_pass_quote('jato', '')$this->bbcode_second_pass_quote('', 'T')he only thing you have to be afraid of is your own government. All politicians are thieves and liars.

[strider3700]

I own gold. 2 ounces, that I hope to have at 10 ounces by the end of the year.

It's in the bedroom.

I own gold for only one reason.

I believe that it's too late to truely prepair. I can't go off and buy 10 acres, a cabin and some solar panels grow a garden and live happily ever after. Had I started working towards this 11 years ago when I left highschool maybe I could have done it and paid it off. Instead I went to university and the started collecting toys until about a year ago. Now I have about 15% of a small house and 1/2 acre and don't make enough to pay it off in time.

I expect a hard crash, but I also expect it to be relatively slow, a few years not over night mad max.

My hope is that when the crash comes people will drive the value of gold up vs the dollar high enough that I can pay off my house or at least put enough useless dollars in the bank to cover the mortgage payments until well after anyone cares to come collecting.

I have no idea if gold will become currency after the crash. I can easily see a new "guaranteed" fiat currency coming about. I currently have no plans to be using gold or silver coins to buy milk and bread in the future.

Precious metals won't save the world. They just may make a few people economically better off then they where. I'm hoping to get in that group. At this point I'll take anything that will help me get ahead.

[spear]

Heres a story from WW2 in Thessaloniki during the German occupation.
A downtown shop owner hid Jews from the Nazis in the basement of his shop which said basement was connected to ancient catacombes.The Jews bought their way in with gold.
On the lot where that shop was,today stands a HUGE department store with this mans name on the front.
There are countless stories like this throughout history where gold has bought refuge,transportation to safety,arms,and probably anything and everything else.
I wouldnt be stashing gold to buy a loaf of bread.

[katkinkate]

I've invested in gold and silver. Just certificates for now but the option to get physical metal in the hand is easier with the groundwork laid (an Account and metal in my name) but I don't feel the need to hold it yet. Mostly I've gone into PM as protection from the real inflation rate. Eventually, when I've saved enough, I intend to buy land. Of course that just highlights that I'm expecting /hoping it will be a slow crash. If it turns out to be a quick crash I'll try to head north to my Dad's place, with seeds.

[J-Rod]

$this->bbcode_second_pass_quote('Schweinshaxe', '
')
I'll tell you what will happen.

1. TSHTF light: The gubmint will tax your ass out of it.
2. TSHTF advanced: The gubmint will put a bullet in your head and take it.

I don't know if you've understood me, but if you haven't, it's time for the Schwein to come out of the closet.

90% of what's posted here is pure crap. Academic discussions arguing about the PO date. Republican vs. Liberal discussions about which team is the best. Survivalist morans [sic] discussing gold purchase and how to can tomatoes. Discussions about which is the best type of ammunition and/or weapon to kill a post-PO zombie. Doomers and dreamers discussing armageddon vs. Paradise.

The only thing you have to be afraid of is your own government. All politicians are thieves and liars. The politicians and the corporate fascists (the same entity) are your enemies. To them, you're not a human being. You are nothing but a tax payer and a consumer!

[PrairieMule]

$this->bbcode_second_pass_quote('PenultimateManStanding', '')$this->bbcode_second_pass_quote('jato', '')$this->bbcode_second_pass_quote('', 'T')he only thing you have to be afraid of is your own government. All politicians are thieves and liars.

[truecougarblue]

I've stated elsewhere that I hold about 10-20% of my precious metals in physical gold, with 4-5 times that amount in a gold ETF. I also trade mining stocks. Here's why I do this mix:

The physical gold is really just an ace in the hole. It will be used only at the point in time when I run out of options.

The gold ETF (GLD) is a very stable hedge against what I consider to be underreported inflation. This will be the source to draw from if and when the real estate bubble bursts and I get a chance to buy more acreage.

The mining stocks would best be explained by sending y'all off to do an experiment. Go to Yahoo Finance and call up a 3 month chart for GLD. Then enter any one of several symbols in the compare GLD vs. ____. Try GG, CDE, HMY, or PDG. I've made substantial returns by watching the gold spot prices and buying the mining stocks. The money made from this method is to replace the job I may loose in the possible future long recession.

Having said that, acreage with natural water beats PM any day.

[threadbear]

You hold what the power elite are holding. If they're holding gold, YOU hold gold, because, believe me, in a crazy ass scenario, a right wing govt will not alienate these people. Short of a communist revolution, gold as a tangible asset will not be confiscated (in the US and unlikely elsewhere) Part of it's value lies in the fact that it can't be imitated, and it's portable. The slightest concern about fiat affects it's price. Why would that change?

[rogerhb]

$this->bbcode_second_pass_quote('threadbear', 'W')hy would that change?

[PrairieMule]

How or where do you physically buy gold and silver?

Thanks!

[truecougarblue]

I've bought most of my physical gold from Ebay sellers. Sometimes you even end up below spot this way.

If you live near a large metro that has a "jewelery district", many of these stores will also sell bullion at or just above spot.

The last place I'd go is a coin store. Thier commission is way to high usually.

[Trab]

Owning precious metals means different things to different people. I hold a small amount to act as a hedge against paper becoming absolutely worthless (either the fast way through hyperinflation, or the slower way, via slow but steady erosion of the value of money).

It's not about becoming rich, it's about trying to preserve a little of what I've worked for all these years. I won't use it to buy bread (hopefully), but depending on the situation I may be able to sell some of it to keep my house (i.e. pay off the mortgage in a hyperinflation scenario), to purchase a new homestead somewhere, or, if I'm really lucky, I'll just be able to pass it down to my children or grandchildren.

For more immediate uses, I've been buying quality hand tools, cooking utensils, seeds & books. Having some skill in self-sufficiency will be just as valuable as having a stash of metal... perhaps even more so.

[Rob_0126]

Ive been thinking for a while about what metals to have on hand.

I figure copper will become valuable. Would a 95% copper 5% zinc mix be worth the trade vs 100% copper?

Of course Im talking about pre 1982 pennys. They are this mix of metal. Im currently gonna work on a nice stash of these pennys for copper worth.

Also, if you want pure nickel metal, look into the pre 1941 canadian 5 cent piece, it's 100% nickel. I cant seem to get my hands on these. I want at least a roll.

I have some pure silver eagles on the side.

Any thoughts or suggestions to add?

[Micki]

Whatte???
Are you collecting old coins for thir metal value????
In that case you would be better of ripping up old copper cable.
How many tons copper do you reckon you will be able to store?
Besides, in a recession copper will drop like a rock.

Furthermore copper, zink, nickel etc aren't considered precious metals, but base metals.

If you want my opinion, go for silver. Not much silver in the ground and most of the stuff dug up has been used. Gold also looks good but more as a currency, not so much for its useful applications.
If it is coins you want, stock up gold eagles.

[Rob_0126]

$this->bbcode_second_pass_quote('Micki', 'W')hatte???
Are you collecting old coins for thir metal value????
In that case you would be better of ripping up old copper cable.
How many tons copper do you reckon you will be able to store?
Besides, in a recession copper will drop like a rock.

Furthermore copper, zink, nickel etc aren't considered precious metals, but base metals.

If you want my opinion, go for silver. Not much silver in the ground and most of the stuff dug up has been used. Gold also looks good but more as a currency, not so much for its useful applications.
If it is coins you want, stock up gold eagles.

[threadbear]

$this->bbcode_second_pass_quote('Micki', 'W')hatte???
Are you collecting old coins for thir metal value????
In that case you would be better of ripping up old copper cable.
How many tons copper do you reckon you will be able to store?
Besides, in a recession copper will drop like a rock.

Furthermore copper, zink, nickel etc aren't considered precious metals, but base metals.

If you want my opinion, go for silver. Not much silver in the ground and most of the stuff dug up has been used. Gold also looks good but more as a currency, not so much for its useful applications.
If it is coins you want, stock up gold eagles.