INFLATION, DOLLAR CRISIS, GOLD LEVELS, TAXES AND MORE
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Yeah im building up my silver slowly. Dont have to be inventive yet in storing it but may throw it about the house a bit. Well im trying to work out when to buy Jim. He doesnt invest in the West so im guessing his shares are gonna be inflation safe. It still may take a few years before it takes off but i will still diversify. I like Marc Faber as well.
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You definitely need to get creative with your hiding places if you have a large quantity of precious metals, and storing much of them away from you house is a good idea (just don't use a "safe" deposit box, the fed can open them and confiscate metals if there is a bank run). Jim Rogers is 95% right on what he says, but he is an inside guy and mixes in 5% propaganda to mislead people so take his advice with a grain of salt. Make sure your first investment in agriculture is some heirloom seeds.
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Yeah but an ETF in mining companies gets you leverage. And im wanting to buy in the agriculture as well. Jim Rogers has been buying a lot of Brazil and other countries but im disappointed to find his 4 ETFs are actually ETNs. I still want to buy i just dont know whos safe to use when buying stocks and ETFs.
Plus i have been buying physical silver. i just dont want to have all my wealth in my house. And i would never buy stocks in the UK/US/Europe.
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Yes, Quantitative Easing = Monetizing the debt = INFLATION!
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I wouldn't touch an ETF with a 10 foot pole, same goes with most stocks (Bob Chapman says go for stock in gold and silver mining companies if you have some money you want to gamble with, but the bulk of your savings should be in PHYSICAL gold and silver)
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Look for a cheap online service. ETF's are ok, but they move violently. Buy when there's a bottom like with anything.
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Really? I heard Etrade was one of the good one! If theyre scammers its good job i havent had the balls to use them yet lol. 2 others ive been recommended are tdameritrade and fidelity.
Dont worry im gonna keep up my silver buying :) But now i feel like buying an ETF cause i want something with a dividen on it. Which of your videos do you recommend? Thanks for all the advice btw
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interview harry dent. he subscribes to a lot of what you say, but he seems to not believe that inflation will be a problem. I'd love to see you go head to head. he's one of the smartest guys I know of who doesn't think inflation will go down the what you think it will. It would be a good interview.
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all we need to do is create an even BIGGER bubble. one bigger than ever before. that will fix everything permanently ;)
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BIG country!! lol BUY items you know ppl will want I.E BEER WEED idk stuff like that
Sir, I think your missing one important element in "True Capitalism", WE DON'T MAKE STUFF! The fundamental of Capitalism died in 1973, when we went off the Gold standard and sent our jobs overseas. You can not recover an economy on Starbucks and McDonald's. We need steel makers, shoe makers, and yes, Car makers. With out something to sell, we are no longer Capitalist, we are a banana republic. We at least in banana republics they can sell bananas. In Short, we're screwed without industry.
Kittenkattan 2 years ago 4
Thank you for putting this out. There are just so many people walking around with hope and change on their brains and little else, about to be taken for everything they've got.
This is free economic advise which comes in the form of charity - you're not asked to pay for it because you need it badly. Prepare yourself and your family for inflation. The government and controlled media declaring green shoots everywhere flies in the face of reality. Simply put, you're being lied to.
TheSharpenedPen 2 years ago 3