Originally posted by mimo_100
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An alternative voice on Economics
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interesting stuff on both parts. in our travels my wife and i are antique hounds and are always stopping at flea markets and yardsales. you would be amazed at how many gold rings and earrings and all kinds of gold artifacts and jewelry that are laying on these tables. some look really bad an need attention but it is still gold and silver. the private homeowner yard sales are the best because you can bargain and lots of times they don't know the value or that it is gold. the last couple of years we have been buying any old gold coins or jewelry that we come across and putting it away. and one of the reasons is what you stated about the problem in dealing it if you had to. or melt it down into a bar.
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Originally posted by Peter Hansen View PostMIMO thanks some good information....but read this article :http://www.moneyandmarkets.com/Issue...erEntryId=1427
Mr Larry Adelson makes a good case for gold .....especially when he goes on to state our debt is closer to 55 Trillion . He recommends GOLD , the stock , but I prefer KGC and the Ultraprofunds PMPIX .
Don't really count on Obama, Clinton, or McCain to bail us out of this mess ....All 3 are as useful as a one legged man in an ass kicking contest.
Thank you for the link. Just remember that if you decide to buy the species, be careful. Buying Krugerrands is probably ok. Buying a 1 oz bar of gold probably isn't - if you want to sell it, any wise person would demand that the bar be assayed -- could get expensive -- better to stay away from the species.
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MIMO Thanks
MIMO thanks some good information....but read this article :http://www.moneyandmarkets.com/Issue...erEntryId=1427
Mr Larry Adelson makes a good case for gold .....especially when he goes on to state our debt is closer to 55 Trillion . He recommends GOLD , the stock , but I prefer KGC and the Ultraprofunds PMPIX .
Don't really count on Obama, Clinton, or McCain to bail us out of this mess ....All 3 are as useful as a one legged man in an ass kicking contest.
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An alternative voice on Economics
If you would like to read an alternative voice on Economics, here is a link to
the Shadow Government Statistics website.
http://www.shadowstats.com
John Williams reveals the true CPI, inflation, etc. Look to the right and click on one of these:
Primers on Government Economic Reports
What you've suspected but were afraid to ask.
1. Series Master Introduction
2. Employment and Unemployment Reporting
3. Federal Deficit Reality
4. Consumer Price Index
5. Gross Domestic ProductTags: None
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