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<p>[QUOTE=&quot;billp4, post: 638404, member: 19592&quot;]If you don&#039;t invest in PMs then what, the stock market?&nbsp; I was lucky enough to get out before I lost 70-80%.&nbsp; Now my savings is in fixed CDs and PMs.&nbsp; It is not the government and MSM that is telling you to invest in gold, they are telling you to go back into the stock market, I think so they can do it again.&nbsp; There should not be shortages in gold.&nbsp; The price should be set such that this is the case.&nbsp; I have been waiting 3 months for some gold I bought to be placed in my IRA -- at least they cant take the money until it&#039;s delivered.</p><p><br /></p><p>Fiat currency is backed by nothing except the law that says you have to take it or the debt is cancelled.&nbsp; I hear folks talking about how they &quot;print&quot; money but in reality they just change a database entry in a computer.&nbsp; IMO until everything crashes they can say gold is whatever price they want it to be.&nbsp; They can also manipulate the stock markets.&nbsp; There is a big flap now about how Goldman Sachs has a program that can execute trades so quickly that they can extract as much money out of the market as they want (using taxpayer bailout money as the initial stake).&nbsp; The crash of the stock market sure &quot;felt&quot; like a cyber attack to me.</p><p><br /></p><p>IMO the best approach is to have cash, silver, gold, food, guns and ammo.&nbsp; If the banks have a bank holday in September the cash will be good for awhile at first then the rest can be used to either get away or will be valuable in the new economy.&nbsp; If things do recover I don&#039;t see how you will be hurt.&nbsp; Even if gold goes down that means the economy is going, the dollar is strong and you should be able to work and make up for any gold losses.&nbsp; </p><p><br /></p><p>BUT, I don&#039;t see how things are going to recover anytime soon.&nbsp; IMO[/QUOTE]</p><p><br /></p>

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