Should I Convert Most of My Money To Gold and Silver?

Discussion in 'General Chat' started by tesla, Mar 27, 2007.

  1. tesla

    tesla Notable Member

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    #21
    After listening to the advice on this forum, I'm not quite sure what to do. Your money is never truly protected, no matter what you do. The value of currencies and commodities fluctuate daily, and who knows what will fall in value to another?

    To avoid hyperinflation, I guess I will just have to look for the warning signs, and that is the price of various goods increasing by 50% within about a month or two. When I see that, I will immediately convert to precious metals.

    The creation of the Amero, and the merging of the U.S with Canada and Mexico concerns me a lot. In fact, it is enough to make me want to move some place else.........once the American Union is created, the United States is finished.
     
    tesla, Mar 27, 2007 IP
  2. sar420

    sar420 Notable Member

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    #22
    America+Canada combined currency = fine

    America+Canada+Mexico combined Currency = trouble
     
    sar420, Mar 27, 2007 IP
  3. Jim Guinn

    Jim Guinn Peon

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    #23
    Do what I did. I turned it all into pork butt and stored it in the root cellar just beyond the cement pond. I can always eat pork butt if things get bad. I can't eat dollars (unless I just want fiber) or silver and gold (unless I just want minerals).

    Keep you money where it is.

    Or, you could always spend it on a preloaded ZUNE at Walmart...OUCH...:rolleyes:

    Jim
     
    Jim Guinn, Mar 27, 2007 IP
  4. uttoransen

    uttoransen Prominent Member

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    #24
    well, it seems, that the value of $ is dropping!
    i still remember, i used to get a exchange rate of 47 on one $
    but then it dropped to 45.5 and 44.5 last 6 months.

    now it is 41, am lossing a lot of money now, but then am not going to buy gold or silver, rather i would wait to see $ up there, once agian:rolleyes:
     
    uttoransen, Mar 27, 2007 IP