The Case For Gold

In this video I give my thoughts on gold.

Here are a few resources on the history of the yellow metal:

http://www.nma.org/pdf/gold/gold_history.pdf

http://www.onlygold.com/tutorialpages/historyfs.htm

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

Category:

Howto & Style

Tags:

• gold
• .999 gold
• gold bullion
• gold is money
• gold is currency
• spot
• investing in gold

[lingsun52]

Yes, you sure can. I still have most of my money in my Bullion Vault dot com account. I can sell it there and have them send me a check. Eventually I'll have to take my money out and then buy physical gold. You can also buy junk silver coins for only 6% over the spot price (including the credit card fee) by going to Provident Metals dot com.

[socomplete]

@lingsun52 Thanks for the heads up.

[lingsun52]

Owning gold and silver is the best way to maintain your purchasing power during hyperinflation. It's important to buy a year's supply of food and water now. Buy kerosene heaters, kerosene stoves, and kerosene. Buy guns and ammo. Once you have one year's worth of supplies put the rest in gold and silver.

[socomplete]

@lingsun52 Great point on the items list, but can't you turn in your gold for silver to buy more emergency items later?

[lingsun52]

You also need to think about what you're going to do for a toilet. Most people can't flush 10 gallons a day if there's no running water. You can buy a 5 gallon bucket, a snap-on toilet seat, garbage bags, and use kitty litter to cover the smell. If you can't find a kerosene stove you like you can buy a coleman camping stove that uses coleman fuel. You can also buy an oven that fits on it so you can bake bread. You might want to check out prepared society dot com.