by Pops » Sun 06 Jun 2004, 11:42:52
I suppose if I had beaucoup bucks, all the tools, land, stocks of materials and supplies likely to become scarce in the next 10-20 years; I would invest in PMs. However, since I don’t have all those things, I won’t be “Investing” in something that has little or no useful purpose, aside from filling a tooth.
If someone came to me sometime after the start of the Great Decline and offered to give me an ounce of gold for a pound of beans I would tell them I would rather have a brick of .22s or a handle for the axe I just busted, what can I do with an ounce of gold?
If you have satisfied yourself with your preparations and have cash left over, learn about diamonds. If you know what you are buying, you can get a huge dollar amount in a very small package and it will probably trade just as easily as PMs.
Just my 1/1250 oz worth.
The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves -- in their separate, and individual capacities.
-- Abraham Lincoln, Fragment on Government (July 1, 1854)