[Tyler_JC]

STOP COMPARING PEAK OIL TO HURRICANE KATRINA.
Sorry, I had to.
I get rather tired of people comparing a general decline in the availability of inexpensive liquid transport fuel...to a hurricane.
By the way, do you live in a massive crime ridden corrupt city like New Orleans? If not, your local police are going to stick around, enforcing the law.

Why? Because every single civilization in the history of the world has had local law enforcement. They might be nothing more than hired guns as employed by the mayor, but they will still exist.
Again, why should town governments collapse?
No one has ever provided an adequate explanation for that one...

[max_power29]

$this->bbcode_second_pass_quote('ferrelgiraffe', 'T')hey will come to your door and take your guns and your gold and anything else they like, maybe your house if it is too nice. They will take your wife and your daughter, whatever they want. And you must smile when they do so.
count on it.

[Kylon]

Things which it's not cost effective to confiscate, but are highly valuable-
Seeds and plants
Books, CDs, stored valuable information.
Ground water cooling/heating system/power source.
Basic tools.
And in order to avoid them stealing stuff from you, if you have valuables such as gold, why not simply stash your money/gold in a foreign account?

[Tyler_JC]

$this->bbcode_second_pass_quote('max_power29', '')$this->bbcode_second_pass_quote('ferrelgiraffe', '
')They will come to your door and take your guns and your gold and anything else they like, maybe your house if it is too nice. They will take your wife and your daughter, whatever they want. And you must smile when they do so.
count on it.

[Heineken]

$this->bbcode_second_pass_quote('Kylon', 't')o avoid them stealing stuff from you, if you have valuables such as gold, why not simply stash your money/gold in a foreign account?

[simontay78]

Maybe in the old days gold will be valuable to me as the new generation people....but now if the SHTF and civil chaos starts...with little or no control of the high inflationary nature of pricing....we might have a serious problem.
Let's be very simple minded.
How the new generation people including me estimate the value of a gold coin and how much can in exchange in real life...like for food, water, accommodation...and for how long for a single gold coin...gold bar or etc.

If the dollar collapsed and everything hyper inflated in cost then we can be priced $200 per Macdonald Happy Meal $300 for a Taxi ride to safety $1 million for escape to other shitty country and just maybe 20 million for a tank of gas or water...or one shiny gold coin...that might be fake...hmmm
Let's make some heavy metal plated with alloyed with gold?
The problem is when someone throw me gold to make a generator for them ....compare to a farmer to throw me a safe supply of potatoes...for the generator...I will still choose the farmer.
Gold cannot be that valuable anymore once the "material wealth" can no longer buy luxury......

I see what is more valuable is SKILL, KNOWLEDGE and COMMUNITY SPIRIT.
Isolation will not make a good survival technique.

[Heineken]

Gold has proved its mettle for thousands of years. Case closed.

Skills matter too, but that's a separate issue. This isn't an either/or proposition.

[Twilight]

$this->bbcode_second_pass_quote('Heineken', 'G')old has proved its mettle for thousands of years. Case closed.

[Ferretlover]

With gold having broken the US$730 per ounce market to reach a 28-year high, Citigroup analyst John Hill says the metal appears to be entering a new investment-driven phase and has re-asserted itself as a safe haven. He thinks gold will be one of the top beneficiary of the “Re-flationary Rescue,” which should bode well for hard assets and basic materials.
As for gold stocks, they “anticipated the move, and have fully, finally participated,” he told clients in a note.
The resurgence of gold conveniently coincides with the seasonal strength that typically comes with Western holidays, Indian festivals and the Chinese New Year. However, this could set up a correction early in 2008, Mr. Hill said.
However, Citigroup continues to be bullish on bullion, expected the multi-year bull market to continue and prices to average US$750 in 2008 and 2009.
Mr. Hill says he would not be surprised if gold were to break its all-time high of US$850, or even US$1000 or higher in a “new cycle of global credit creation and competitive currency devaluations." ...

Gold

[topcat]

IMO, you can only buy so many 'everyday utility' items. Two shovels, two picks, two sledges, two axes, and then there is paper money left over.
After BB's 50bp cut in the suggested rate, the FRN's are becoming toilet paper.
PM's aren't the only answer, but they play their part in a well-rounded approach to long-term preservation.
Kinda like insurance, you buy and pay for it, hoping you will never have to use it.

[Heineken]

$this->bbcode_second_pass_quote('Twilight', '')$this->bbcode_second_pass_quote('Heineken', 'G')old has proved its mettle for thousands of years. Case closed.

[mattduke]

The Denver Gold Forum is going on. Follow the link to hear some of your favorite mining companies discuss their projects.

OnlineBroadcasting

[mattduke]

First it was the "W" Eagles. The date they announced for resuming sales has come and gone. Now it's the Buffalos turn. Whatever the real cause, the stated reason of "price adjustment" holds no water: USMint

This guy reports on a "mini surge" in sales before the halt: Numismaster

[mattduke]

In other news central banks have reduced their gold sales. I mean, you can't just keep selling gold forever, right?

Reuters

[LaLaLand]

I do not want to hold my short term savings in dollars anymore. Washington has shown it cannot maintain a stable currency. I have a feeling the petrol states will soon trade in Euros; we all know what that means.
What currencies look promising over the course of the next 6 months - year?
When is a good time to buy gold (as in favorable 24 hour market conditions)? There was a price jump a month ago because of all the Wall St credit scares. I think the credit crisis will not subside for at least 10 more months. Does that make gold look more favorable in the near term?

Simply put. How should I hold my short term savings (6months – 1 year) when economic times look bad for working people such as myself?
I would never buy gold from someone I don't know. How can someone buy gold locally? Do banks sell standardized quantities of gold over the counter at the current NYSE market price?
What gold markets should I watch?

[sittinguy]

I have been getting small gold coins on Ebay, most coin shops will deal with you and have alot of silver on hand, start with some silver for now.

[Jellric]

I have several 1/10 oz. Gold American Eagles 2006 I'd like to sell online. I also have some 1 oz. Silver American Eagles as well. Is there a reputable place online anyone knows of where I can sell without a minimum order?

[Heineken]

www.goldmastersusa.com

[Jellric]

Ok, thanks. I will check both of those places out today.