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<p>[QUOTE="Billincolo, post: 554814, member: 17389"]I am not exactly preparing for the end of days (Andrew289). You seem to be getting some extra exercise here by jumping to conclusions about "'stocking up for the end of the civilized world'-type folks" -- people whom you admit you've never met. If you've never met any, I'm wondering how you've gained the position to make any comments about "them" at all?</p><p><br /></p><p>What are investments for, at their base?: protection of value. Now that the president and congress have spent SO much money, I am expecting inflation to set in. When that happens, my dollar bills will get less valuable, but I expect silver and gold to get more valuable. ... I agree that silver is undervalued. It's at about 68:1 with gold right now. Many crystal-ball swamis out there seem to think it will go to about 40:1, which would put it at $23+, the target point at which I'd sell the rounds, etc., but keep the 90% junk coins.</p><p><br /></p><p>So, more than an "end of days" measure, I'm simply looking at "hard times investments," admittedly with a bit of survival flavor. if nothing like that happens, I'm no worse off; if it does, I'm protected. Just "insurance."</p><p><br /></p><p>And as someone above said, a shotgun might be good, too. I've had one for years. Now, I've gotta skedaddle and go see if the camouflage paint on the Hummer is dry yet ... :rolling:[/QUOTE]</p><p><br /></p>
[QUOTE="Billincolo, post: 554814, member: 17389"]I am not exactly preparing for the end of days (Andrew289). You seem to be getting some extra exercise here by jumping to conclusions about "'stocking up for the end of the civilized world'-type folks" -- people whom you admit you've never met. If you've never met any, I'm wondering how you've gained the position to make any comments about "them" at all? What are investments for, at their base?: protection of value. Now that the president and congress have spent SO much money, I am expecting inflation to set in. When that happens, my dollar bills will get less valuable, but I expect silver and gold to get more valuable. ... I agree that silver is undervalued. It's at about 68:1 with gold right now. Many crystal-ball swamis out there seem to think it will go to about 40:1, which would put it at $23+, the target point at which I'd sell the rounds, etc., but keep the 90% junk coins. So, more than an "end of days" measure, I'm simply looking at "hard times investments," admittedly with a bit of survival flavor. if nothing like that happens, I'm no worse off; if it does, I'm protected. Just "insurance." And as someone above said, a shotgun might be good, too. I've had one for years. Now, I've gotta skedaddle and go see if the camouflage paint on the Hummer is dry yet ... :rolling:[/QUOTE]
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