Investments

[The Conquistador]

I'm thinking more of a "have a couple bullion laying around' approach. I would not invest all my money into gold for that exact reason, but rather have a little cache that would keep me comfy.

Still, even with a massive flood of gold, it will still be worth having instead of a wad of useless cash.

[Hedonistman]

The reason to invest in precious metals is because they are real and tangible. Of course you physically hold the metals,,,only fools buy paper certs---they're rife w/scams and manipulation. I make 1 quick call,, lock in the price and metals arrive 10 days later.
Anyone who thinks metal markets are volatile, ck the Forex. The Euro is less than 10 yrs old,,,came out around 3/$1. Now it's about $1.4/1,,, and the UK sure ain't no swinging dick economy, lol.
Only thing that keeps the USD afloat is that all currencys r in the same boat---
TOTALLY WORTHLESS. There is not 1 nation whose script is backed by ANYHING.
As for investing for yield, ck out the 'Dow Aristocrats' ,,, most exclusive 'club' of the NYSE. But for buy it, forget it, reap the dividends,,,just buy PM,,,cigs r the biggest drug on the planet,and no 1 stops getting high for very long,,,, lol

[GRH]

Originally Posted by TheAngryPostman

I'm thinking more of a "have a couple bullion laying around' approach. I would not invest all my money into gold for that exact reason, but rather have a little cache that would keep me comfy.

Still, even with a massive flood of gold, it will still be worth having instead of a wad of useless cash.

I agree with you there. I think it's highly prudent to have some "just in case" money that can't be inflated away like paper currency can.

[The Conquistador]

Does anyone here do homesteading?

I think it would be an interesting investment. A little patch of land that you can farm and live off of seems like an awesome idea; when I have enough saved up, I might just buy a plot of land to tend to and live on. It also seems like it would be very rewarding to do too.