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do you think the FED will do QE3 sometime this year?
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<p>[QUOTE="medoraman, post: 1413606, member: 26302"]Just something for everyone to think about though. Do you really think the elite who are running up these debts will allow you to be self sufficient? What happened to those who tried to plan ahead during the depression and store gold? With one stroke of the pen, the government simply took it away from them at a price they set. With the government saying they can now take real property for any reason whatsoever, (including giving it to a buddy), and now trying to force everyone in the country to purchase something they may not want, why exactly do you think it would not be a felony to NOT sell all PM to the government at a government set price if the SHTF? If its a felony to own PM, what good even hiding it will do? </p><p><br /></p><p>I am just saying if a scenario in which many fear happens, I do not see protection in PM. </p><p><br /></p><p>The main use I see for PM is as a hedge versus inflation, and thats about it. For PM bugs, the outcome which will best prove your intelligence in investing in PM will be a high inflation environment like the late 70's. Anything worst and I fear it may not help at all.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1413606, member: 26302"]Just something for everyone to think about though. Do you really think the elite who are running up these debts will allow you to be self sufficient? What happened to those who tried to plan ahead during the depression and store gold? With one stroke of the pen, the government simply took it away from them at a price they set. With the government saying they can now take real property for any reason whatsoever, (including giving it to a buddy), and now trying to force everyone in the country to purchase something they may not want, why exactly do you think it would not be a felony to NOT sell all PM to the government at a government set price if the SHTF? If its a felony to own PM, what good even hiding it will do? I am just saying if a scenario in which many fear happens, I do not see protection in PM. The main use I see for PM is as a hedge versus inflation, and thats about it. For PM bugs, the outcome which will best prove your intelligence in investing in PM will be a high inflation environment like the late 70's. Anything worst and I fear it may not help at all. Chris[/QUOTE]
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do you think the FED will do QE3 sometime this year?
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