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<p>[QUOTE=&quot;doug444, post: 1655870, member: 38849&quot;]Let&#039;s see...&nbsp; You don&#039;t have a CLUE as to my assets, my financial situation, my coins, or my PMs.&nbsp; NOT A CLUE.&nbsp; But you&#039;re eager to mock my conservative attitude, and you &quot;feel&quot; very strongly that we won&#039;t see the worst case.&nbsp; I hope you&#039;re right.</p><p><br /></p><p>I&#039;m satisfied with my diversification.&nbsp; Why don&#039;t you &quot;get satisfied&quot; too, and find someone else to preach to?&nbsp; If nothing else, go &quot;generic,&quot; and encourage friends and neighbors to PREPARE in case we reach the tipping point.&nbsp; This is the buzzword of insurance salesmen, funeral directors, and scoutmasters.</p><p><br /></p><p>Incidentally, there&#039;s no connection between hyperinflation and the upward transfer of wealth* in this country, particularly because we haven&#039;t had H-I yet.&nbsp;&nbsp; And no connection between predatory wealth-building and the price of PM&#039;s, either.&nbsp; The rich didn&#039;t make their money trading PM&#039;s.&nbsp; They made their bucks in unreported overseas income, corporate manipulations, bribery, cartels, tax evasion, lobbying, price-fixing, derivatives, and lately, in good old-fashioned salary and bonus bonanzas, often at the expense of shareholders.</p><p><br /></p><p>I agree, this has little to do with precious metals; the KEY is preserving the buying power of what you have left after a tough decade, by whatever means lets you sleep at night, with less reliance on paper assets, while bolstering your privacy and security.</p><p><br /></p><p>=====</p><p><br /></p><p>*According to the <a href="http://en.wikipedia.org/wiki/Congressional_Budget_Office" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Congressional_Budget_Office" rel="nofollow">Congressional Budget Office</a>,&nbsp; between 1979 and 2007 incomes of the top 1% of Americans grew by an&nbsp; average of 275%. During the same time period, the 60% of Americans in&nbsp; the middle of the income scale saw their income rise by 40%. Since 1979&nbsp; the average pre-tax income for the bottom 90% of households has&nbsp; decreased by $900, while that of the top 1% increased by over $700,000,&nbsp; as federal taxation became less <a href="http://en.wikipedia.org/wiki/Progressive_tax" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Progressive_tax" rel="nofollow">progressive</a>...[/QUOTE]</p><p><br /></p>

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