Americans Collectively Owe Almost $1 trillion in Credit Card Debt.

Dang, that's a lot for me right now. I'm putting everything into paying off my business debt.


Well, you could invest in foreign stocks, bonds, or currency (FOREX). Not everything, but part of it.

 

those are too complicate..and risk is sth i don't like

it took me a while (2 job + working on sat and sun) to get my saving.

 

$20,000 in your savings account? OMG you'd better start buying gold and silver right now. Do you realize that your hard earned money is being devalued as you type your post in this thread?

Here is the link to the company I buy Gold and Silver from:http://www.midasresources.com/ If you don't want to order from this company, you can always buy from local coin dealers in your city.

If you value your money, I strongly advise you to research Gold and Silver and learn why you need to have it. Read the links below to get a crash course guide:

http://en.wikipedia.org/wiki/Gold_as_an_investment

http://en.wikipedia.org/wiki/Silver_as_an_investment

http://en.wikipedia.org/wiki/Currency_devaluation

http://en.wikipedia.org/wiki/Hyperinflation

My Book Finance Wars(Even if you don't buy my book, the website has free movies on the current economic situation in America that might interest you)http://www.finance-wars.com/

 

Be careful with these. I would be wary of any investments that are paper based right now. If you're going to invest in any paper investments, think about the Yuan, Swiss Franc, or Euro.

In all honesty, I would just skip most of these and go for gold and silver, because with the exception of the Franc, I don't think these other currencys are backed by any precious metals.

 

I am thinking about buying about $30,000 in Gold or silver. The dollar keeps falling fast with no end in sight.
Gold is at $837.00 an ounce, scary stuff but then again Google stock is at what now like $720? Choices choices...

 

Just buy a farm so you don't have to worry about any of this.

 

You're a wise person. I agree with you, screw the stock market, 70% of it is owned by the government and global corporations, and unless you're an insider on Wall Street, you will be at a major disadvantage.

With Gold and Silver, you can't go wrong. Unlike stocks, bonds, and paper investments, during an economic collapse, gold and silver will hold its value, because they are stores of value, meaning someone had to work their ass off to mine it out of the ground, so it is actually worth something.

There is a reason why Silver and Gold has been used for money for like 5,000 years.

My best advice to you is to read the links I posted above to learn why Silver and Gold is the best investment you could have right now. This is quite possibly the worst time in history to have all your money in dollars.

Check out my website, watch the free movies I have there. You will truly learn the nature of the U.S. economy, and why even the founding fathers said and only gold and silver should be legal tender.

 

No, don't touch it, at all. Don't touch any stock from China

check this out
http://www.informationweek.com/news/showArticle.jhtml?articleID=202803116

 

That's a reckless statement- IMO.

 

What about a mutual fund that invests in foreign markets?

 

Trust me brother I feel you. I'm just researching on the best way to buy now.

 

Yeah, looking at the Wiki Gold page it shows the price actually as going down for about 10 years.

Commodities aren't without risk.

 

Tesla you r talking about this website ? http://www.finance-wars.com/

I have really began to watch movies about the US nation ... I'm frankly hooked on this civilisation !!! but can't see it falling

I watched lately , the movie : the killing of america

And I'm still looking for more interesting ones to understand more what is happening ...

 

Crazy Rob, if you've read about gold and silver as much as I have, you would understand why I'm saying this. In economics, there is this concept called the Labor Theory of Value:http://en.wikipedia.org/wiki/Labor_Theory_of_Value

The Labor Theory of Value basically states that the value of any commodity or product is based on the labor required to create it. If it takes two men six hours to produce a chair, then that chair is worth 12 man hours(2 x 6 = 12)

It take a tremendous amount of effort to mine Gold and Silver, and on top of that, both are scarce. What does it take to produce the U.S. dollar? All they have to do is press a button at the Federal Reserve, and out comes the dollars. This is why the dollar is falling in value.

Gold and Silver will beat any paper currency, and has done so for thousands of years. If you had $100,000 in 1913 dollars, today you would only be able to buy $4,000 worth of goods. If you had $100,000 in Gold or Silver in 1913, today you would have about 3 million dollars, you would be a multi-millionaire.

The reason for this is due to the inflation paper always suffers from over time.

 

By the way , how much costs 1 kg of gold these days ?

 

You're right, all commodities fluctuate in price over time, but Gold and Silver cannot be totally wiped out, because they are stores of value. Check out this article at Wiki:http://en.wikipedia.org/wiki/Store_of_value

During the worst economic times, people always turn to Silver and Gold, because these commodities can survive a depression or inflation. This is why the price of Gold and Silver is going up at the same time the dollar is going down. Because people who know what is going on are putting their money into these precious metals to protect their savings.

 

The last time I checked, Gold was at about $837 per ounce.

 

Good for you!

But you said, "With Gold and Silver, you can't go wrong." That suggests there is NO RISK. When in fact it is "LOW RISK". That's all.

 

You are getting us into philosophical issues about the definition of the perfection

 

Very true.

I think anyone investing needs to realize that an "investment without risk" is probably not much of an investment. In other words, 'you could go wrong'.

Basically, any resource that is diminishing, but in demand, will likely increase in value.

So, do you keep it all in a big safe in your basement? If so, what's the combination? j/k