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<p>[QUOTE="Dr Kegg, post: 1140055, member: 23476"]While I have been steadily increasing my holding in physical gold, silver, rhodium, platinum, palladium, etc. for the past few years, I am always telling those that have been reading the recent headlines to err on the side of caution when purchasing their precious metals. While I may beleive that we're all heading for a global depression, it doesn't make sense to go crazy buying stockpiles of food, ammunition, gold ,silver, etc and forgetting to focus on the present. Be proactive in your stockpiling, but also levelheaded. I remember my mother going crazy for Y2k and we had food in the basement almost 6 years later from her hoarding/stockpiling. Main idea here is don't buy into doom and gloom too crazily right now.</p><p> </p><p>As for the Japanese holding U.S. debt, yes they do have a lot of it, but so does China and other countries. Will the Japanese "cashing in" on the bonds they hold cause us to go into a downward spiral at the speed of light? Not likely.[/QUOTE]</p><p><br /></p>
[QUOTE="Dr Kegg, post: 1140055, member: 23476"]While I have been steadily increasing my holding in physical gold, silver, rhodium, platinum, palladium, etc. for the past few years, I am always telling those that have been reading the recent headlines to err on the side of caution when purchasing their precious metals. While I may beleive that we're all heading for a global depression, it doesn't make sense to go crazy buying stockpiles of food, ammunition, gold ,silver, etc and forgetting to focus on the present. Be proactive in your stockpiling, but also levelheaded. I remember my mother going crazy for Y2k and we had food in the basement almost 6 years later from her hoarding/stockpiling. Main idea here is don't buy into doom and gloom too crazily right now. As for the Japanese holding U.S. debt, yes they do have a lot of it, but so does China and other countries. Will the Japanese "cashing in" on the bonds they hold cause us to go into a downward spiral at the speed of light? Not likely.[/QUOTE]
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