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Replies to #1298 on Awesome Stocks
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bar1080

12/24/22 10:52 AM

#1302 RE: gfp927z #1298

Jeesh. "My stock allocation is now only 12%." How many times have you changed that number? How many times have you gotten it right? Have you ever beaten a coin flip?
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bigworld

12/26/22 12:25 PM

#1312 RE: gfp927z #1298

gfp: There are ways to own physical gold that is held in off shore vaults. McAlvaney has their "Vaulted" Product, which holds it's gold in the Canadian Royal Mint. You can buy and sell fractionally, and you have access to your funds 24/7. You can connect your Vaulted account to your checking account and move money back and forth so you only keep living expenses plus a small reserve in your checking account. Bail-ins are going to be allowed because the BIS had all the countries in the BIS system pass bail-in legislation. The next time banks fail it won't be the FDIC bailing them out, it will be their depositors. GoldMoney is a firm that can hold your precious metals in fully insured vaults in Canada, Hong Kong, Singapore, Switzerland and few places I would not use like Germany, the UK and Amerika. Even as corrupt and evil as our country is I don't think they have the authority to confiscate metals held in other sovereign nations. Singapore and Switzerland, I think, are fairly safe places to hold wealth.

Land is always worthwhile. Owning your home outright, especially is a low tax state like North Carolina, is a good move. We won't be able to raise our own food on only 3 acres, most of which is wooded. But we will be close enough to farms to be able to buy a lot farm direct. I already picked out a source for beef, from Burleson Farm in Salisbury, NC. A family member here buys 1/2 cows from them and says the quality is top notch. Other farms sell farm direct fowl and pork. Farmers markets abound down here. Thomasville is only about 27,000 people, and even then we will be 4 miles outside the town limits. The one sure thing that I can predict is that you are not going to want to be living in or near any big city, Check out the looting videos out of Buffalo NY during their snow storm just before Christmas. It's all over the internet. When the Dollar collapse comes it will be like Mad Max inside the cities.