Gold, Silver, Guns, and the future of the US Dollar

[Shaktipalooza]

gold, silver, guns

[headhonchoII]

Ah the world is going to end brigade rear their head again .

[Shaktipalooza]

Ah the world is going to end brigade rear their head again .

guilty as charged. Though I don't think it's going to end, just be fundamentally changed.

[SillyWilly]

gold, silver, guns

Like the "gold,silver" bit, but don't think guns will be necessary in Taiwan. However, if anyone is planning on moving back home to the States, BUY!, BUY!, BUY!. Even those in the know advise the general population to stock up on guns and ammo.

As for me, I'm staying in Asia, come hell or high water.

[Shaktipalooza]

gold, silver, guns

Like the "gold,silver" bit, but don't think guns will be necessary in Taiwan. However, if anyone is planning on moving back home to the States, BUY!, BUY!, BUY!. Even those in the know advise the general population to stock up on guns and ammo.

As for me, I'm staying in Asia, come hell or high water.

Good point. I still have family in the US so our gun stocks (there) are ample.

One thing I think is still going to be a lousy investment is housing. There are probably some good lower income rental housing opportunities out there but you have to be pretty savvy about the local market.

[finley]

Ah the world is going to end brigade rear their head again .

guilty as charged. Though I don't think it's going to end, just be fundamentally changed.

If you're expecting armageddon, I doubt anybody will be interested in trading gold and silver. After armageddon, maybe. Not during.

[Shaktipalooza]

Ah the world is going to end brigade rear their head again .

guilty as charged. Though I don't think it's going to end, just be fundamentally changed.

If you're expecting armageddon, I doubt anybody will be interested in trading gold and silver. After armageddon, maybe. Not during.

Not expecting armageddon, just a day when the dollar ceases to be the reserve currency of the world. This is all conversation for another thread.

[Charlie Phillips]

Ah the world is going to end brigade rear their head again .

guilty as charged. Though I don't think it's going to end, just be fundamentally changed.

If you're expecting armageddon, I doubt anybody will be interested in trading gold and silver. After armageddon, maybe. Not during.

Not expecting armageddon, just a day when the dollar ceases to be the reserve currency of the world. This is all conversation for another thread.

Yes, it belongs in another thread. I look forward to the day we can have a discussion about investing without someone coming in wearing a sandwich board saying 'buy gold, the end is nigh'. If doomsday comes, what are you going to do, eat your gold? ... buy a kilo of rice with an ounce of gold? Where are you keeping your gold, under the bed? Is your gold in a safe place? Does the hoarding of gold contribute in any way to economic growth and progress?

And if the US dollar ceases to be the reserve currency of the world, what would be the significance of that exactly, in terms of investment opportunities?

[SillyWilly]

Ah the world is going to end brigade rear their head again .

guilty as charged. Though I don't think it's going to end, just be fundamentally changed.

If you're expecting armageddon, I doubt anybody will be interested in trading gold and silver. After armageddon, maybe. Not during.

Not expecting armageddon, just a day when the dollar ceases to be the reserve currency of the world. This is all conversation for another thread.

Yes, it belongs in another thread. I look forward to the day we can have a discussion about investing without someone coming in wearing a sandwich board saying 'buy gold, the end is nigh'. If doomsday comes, what are you going to do, eat your gold? ... buy a kilo of rice with an ounce of gold? Where are you keeping your gold, under the bed? Is your gold in a safe place? Does the hoarding of gold contribute in any way to economic growth and progress?

And if the US dollar ceases to be the reserve currency of the world, what would be the significance of that exactly, in terms of investment opportunities?

WAY TO GO! Showing your complete ignorance concerning monetary economics and the financial system. The significance of the USD ceasing to be the reserve currency of the world....the States turn into a Third World nation, like Brazil.
BTW, no one said the end is near, but a serious reboot is coming of the fin.system and gold is insurance against the dumb mothers printing all the money in the system, BECAUSE ITS SUPPLY CAN'T BE INCREASED BY THE PRESS OF A BUTTON.

[Kea]

Mods, could you please spilt off the USD stuff into a new thread about the possible USD crash. I don't deny US weaknesses (but know that they'll first try to print their way out of any debt),

.....but the thread started off well with posts about investment targets in the next few years.

Cheers