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Thinman13

05/03/13 5:39 PM

#21292 RE: Extreme4Reality #21287

Holding US dollars is a depressing nightmare.

$17 trillion in official debt and unfunded entitlements over $70 trillion. Printing of $85 billion a month with an interest rate on savings of almost 0%.

Hard physical assets are the only protection of wealth for the common man or woman.

Silver
Gold
Copper
Income producing farmland
Oil and gas properties
Rental property

Cash is trash.
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clownsj

05/03/13 10:13 PM

#21298 RE: Extreme4Reality #21287

I'm feeling better all the time holding silver. :) No nightmares or depression. I have cash that is becoming worthless as silver will skyrocket. Paper silver is worth less than paper money. Physical silver is exciting!
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curtis2

05/03/13 10:48 PM

#21299 RE: Extreme4Reality #21287

Your right we are overdue for a recession. Curious why Cyprus paid their debt in Gold? Why not print money and pay off their debt? Perhaps Gold really is money. The US mint creates coins made of gold and silver. They call it money. Maybe gold and silver will crash to lows, I see opportunity. Extreme, are you shorting right now?