GOLDBUGS AMEX Goldbugs Index (GOLD)

[al44]

I don't know if I posted this to this board before or not, but here is my take on a total economic collapse. Do I think one will happen? NO. But I do believe there is a possibility however small. It's not so much the economic collapse I fear as the social disorder that will accompany it- watch Detroit for the trigger. As remote as I may think something like that may happen, it doesn't hurt one bit to prepare to a certain extent. I'm not one of those radical survivalists ready to move into a cave, but I see no harm in being prepared. My physical holdings of precious metals will do me no harm and a whole lot of good whether we have a collapse or not. Even if we don't there will definate hard times ahead for all that have not prepared. Wall street and the banks have taken care of themselves. Gov't will survive at any and all costs. It's up to the individual to prepare and protect himself.

.......al