Right now you will be lucky to get an average return on just about anything. I hear there is a ton of money in growing mj indoors right now , but , its risky.
The "smart" money has already left this country.
I can think of 800 billion right off hand that did!!! I and no doubt several people here can tell you that in Iraq when things collapsed, even gold wasn't worth anything. It was supplies, survival items, and anything you USED to spend money on!
If there is no law and no exchange what does it matter what you have for currency?
Real estate.
More money has been made and passed from generation to generation through real estate than any other form of investment.
More money has been made and passed from generation to generation through real estate than any other form of investment.
All SHTF theories aside this is the best answer IMO
And your point? Like money was worth anything either. What came back the currency or gold? There's always going to be short periods of time nothing but the goods will do. We lucky we had laws on the books in the big Tulsa area ice storm, even if you had money there wasn't anything to buy or anyone that would sell.
PM's have advanced on EVERY fiat currency in the world for a reason. The FED must cause inflation to pay the bills just like every country in the world is doing at present. If you want to try and guess what one goverments policy is than that's okay but it's a high risk game IMO.
Gold doesn't go up or down it's a measure of fiat currency (the standard). If gold dropped to $100 an ounce that would be good for all of us and your other investment are going though the roof with the dollar being VERY strong.
If you haven't seen the slow train wreck by now your beyond help. The little guy and middle class always get it in the end. Maybe theses people are the real fools
Super-rich investors buy gold by ton
http://www.reuters.com/article/idUSTRE6932NR20101004
looks like even the bankers are seeing the writing on the wall:
The Federal Reserve is Selling Paper Gold and Buying Physical Gold
http://www.financialsense.com/contr...s-selling-paper-gold-and-buying-physical-gold
PM's are insurance they can't print it out of existance. Funny everyone has car and house insurance but won't put 10 to 20 percent in tough times to preserve their capitol. Those that have it will do very well in the future IMO, those that follow the crowd esp. in the US aren't going to do real well. The US is losing it's grip on controling the world like it or not, best adjust to the new rules like everyone globally is or your toast. There's a time to buy and a time to sell everything runs in cycles this time will pass too.
If the Fed could cause inflation, they would. Right now they're doing everything they can to stave off deflation.
Which is really weird because we're monetizing tons of government debt right now, but the M2 is still only set to go up $80B in a year... that's pretty screwed IMO.
Which is really weird because we're monetizing tons of government debt right now, but the M2 is still only set to go up $80B in a year... that's pretty screwed IMO.
Actually there trying to jack up inflation at the cost of Americans. According to their stats we're right at 1% and they want 2% so they can pay back money at cheap rates. The real inflation numbers right now are around 8%. The rigged stats are by design they're trying to save their bacon! We're had inflation every year for 40 years and in 1996 terms a $1 then would take over $6 now, if that's not inflation I don't know what is. There's a reason that the FED's having to buy their own paper, no one else in the world wants it. The end game is near IMO (not only for the US). Look at the real estate foreclosure mess that alone will take gold to well over $1500 soon if not a couple grand. Many haven't realized that the banks may need a bigger bailout than in 2008 since they have real estate loans that aren't backed by assets.
Until they do something beside print money out of thin air they don't have a solution. Are we better off now than 2002? Gold went up four fold and will continue until a real global solution is devised, maybe a world baskets of currencies will help for 5 or 10 years but all fiat is in trouble period.
While were on deflation. The only things in deflation are those things like houses and stocks that were way over valued. That's called a correction in my book not deflation. What you need to live on and medical have gone though the roof.
Then post them. If the M2 is only going up 80B in a year then it really counters what you're saying already.
Uh, when a loan is defaulted, it deflates the currency. Which with the housing market tanking, that's a significant problem in our deflation situation.
Uh, when a loan is defaulted, it deflates the currency. Which with the housing market tanking, that's a significant problem in our deflation situation.
So housing falling on news in the last 2 weeks? That doesn't even make sense IMO. What we have here is you lose your job the banks were foreclosing on houses they didn't have a paper trail or clear title to. The buyer got the house without paying anymore payments due to their lack of proof, the banks lost their shirts. A class action suite is now pending on this illegal activity. Housing went down due to your typical house in areas like California went from 50 grand in the 60's to millions before the bust. That's called a correction. Far too many people own more than one house trying to get rich by infomercial.
Best do your own research on what the M2 is and what it isn't.
http://www.shadowstats.com/
So housing falling on news in the last 2 weeks? That doesn't even make sense IMO. What we have here is you lose your job the banks were foreclosing on houses they didn't have a paper trail or clear title to. The buyer got the house without paying anymore payments due to their lack of proof, the banks lost their shirts. A class action suite is now pending on this illegal activity. Housing went down due to your typical house in areas like California went from 50 grand in the 60's to millions before the bust. That's called a correction. Far too many people own more than one house trying to get rich by infomercial.
Best do your own research on what the M2 is and what it isn't.
http://www.shadowstats.com/
