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I have 7,000.00 should I use it to buy gold or silver?

 
Anonymous Coward
User ID: 967614
United States
02/16/2012 11:53 AM
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Re: I have 7,000.00 should I use it to buy gold or silver?
I'm scaring myself now someone please stop me :)
 Quoting: Anonymous Coward 10218516


OK, calm down a LITTLE bit now. MOST of what you say is correct.

There ARE a bunch of sick, greedy, sad people who are trying to get the maximum amount of control over the rest of us, through globalized control of currency, credit, and government.

They are willing, we can see, to overthrow or do away with those who stand in the way of their goals. Hence, all the hub-bub in the middle east right now.

But, think about it. Rather than view you as someone on whom "a bullet would be extravagant", don't you think they prefer to keep you involved in their economic machine and make money off of you?

Their worst problem is this psychotic need for more and more money. How many steaks can one man even eat in a lifetime? They never stop wanting more.

It's just like an alcoholic for whom one drink is too many and a thousand are not enough.

And...best of all. They will soon turn on each other, and their scheme of globalization will go down harder than the Eurozone. Like a cancer, it will eat itself from the inside out.

No worries...relax.
Anonymous Coward
User ID: 10218516
Switzerland
02/16/2012 12:05 PM
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Re: I have 7,000.00 should I use it to buy gold or silver?
Now lets debunk the idea of a small farm :)

Lets say you managed to get out of the city alive, the only food gathering you have ever done is at McDonalds or Taco bell...

Where is the first place you are going to think of looking for food ?

Yes, you are correct farms !

You may find that you do all the work and someone comes along and harvests for you unless you are armed to the teeth and can stop gangs of hungry people who will risk their lives for food because they will be very hungry....

Learn to hunt and learn what nature has to offer before sticking your own roots in the ground !
seer

User ID: 1529717
United States
02/16/2012 12:08 PM

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Re: I have 7,000.00 should I use it to buy gold or silver?
Gold & silver is good. I heard that right now Platinum is even better?

Personally though, I would buy some acreage.
 Quoting: tandym


bump
Anonymous Coward
User ID: 10563110
United States
02/16/2012 12:13 PM
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Re: I have 7,000.00 should I use it to buy gold or silver?
I'm scaring myself now someone please stop me :)
 Quoting: Anonymous Coward 10218516


OK, calm down a LITTLE bit now. MOST of what you say is correct.

There ARE a bunch of sick, greedy, sad people who are trying to get the maximum amount of control over the rest of us, through globalized control of currency, credit, and government.

They are willing, we can see, to overthrow or do away with those who stand in the way of their goals. Hence, all the hub-bub in the middle east right now.

But, think about it. Rather than view you as someone on whom "a bullet would be extravagant", don't you think they prefer to keep you involved in their economic machine and make money off of you?

Their worst problem is this psychotic need for more and more money. How many steaks can one man even eat in a lifetime? They never stop wanting more.

It's just like an alcoholic for whom one drink is too many and a thousand are not enough.

And...best of all. They will soon turn on each other, and their scheme of globalization will go down harder than the Eurozone. Like a cancer, it will eat itself from the inside out.

No worries...relax.
 Quoting: Anonymous Coward 967614


^^THIS^^
Anonymous Coward
User ID: 932005
United States
02/16/2012 12:49 PM
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Re: I have 7,000.00 should I use it to buy gold or silver?
Bling bling is what the media sells these days, the average person in the US i, sorry to say this, a complete dumbass when it comes to anything else apart from celebrity, sport or music...

A real sorry state of affairs, I literally threw my TV out the window, I take my girls hunting and I get them to make their own clothes, that is what we should be teaching kids not stupid slang words and about who is fucking who !!!!
 Quoting: Anonymous Coward 10218516


So true...

After reading what you said I know you would love this book!

It covers everything in this thread and exactly what you just said!

Book: [link to www.amazon.com]
Anonymous Coward
User ID: 10218516
Switzerland
02/16/2012 01:01 PM
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Re: I have 7,000.00 should I use it to buy gold or silver?
I have my plan already, I have food and ammo dumps, weapons, warm clothes, places to stay that are warm and dry with water, cooking and heating sources installed that don't draw attention, gold, gold and more gold all in small bits stashed in the wilds away from the banks...Bicycle generators everything I can possibly do I have thought about...

I have done army training and survival courses and hunt and kill, eat and prepare my own food as often as I want, i know the fruits of the forest and I know how to move without leaving a trail...

Most importantly is to be able to move from one place to another and not to be too upset if you lose a hideout, be prepared for the worse because life usually gives you worse than that...
Nam Marine
User ID: 1170522
United States
02/16/2012 06:53 PM
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Re: I have 7,000.00 should I use it to buy gold or silver?
I am going to use tax refund to buy gold or silver what would you do?
 Quoting: Anonymous Coward 9421446


In order:
Food
Water
Ammunition
Firearms
Anonymous Coward
User ID: 835754
Mexico
02/17/2012 09:26 PM
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Re: I have 7,000.00 should I use it to buy gold or silver?
Hookers , beers and traveling !!
IMHO
Anonymous Coward
User ID: 10664024
United States
02/19/2012 02:33 PM
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Re: I have 7,000.00 should I use it to buy gold or silver?
I would invest it in 1. another good firearm and 1K rounds of ammo, 6 months worth of food, then the remainder in silver.
 Quoting: Anonymous Coward 1501937


silver is no good to purchase stuff. How about in case the banks close, putting a bunch of it into smaller bills and CHANGE. retailers would not be able to make change long if this happens for any length of time.
 Quoting: Nobody in Particular


silver is no good to purchase stuff? hmm you a stupid arguement there
Anonymous Coward
User ID: 331367
Austria
02/19/2012 02:37 PM
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Re: I have 7,000.00 should I use it to buy gold or silver?
Silver

Gold was the money of kings, silver was the money of the people.

Very likely you will just want to buy some bread in the future .. not the whole city block.

So: silver
Anonymous Coward
User ID: 5070589
United States
02/19/2012 02:37 PM
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Re: I have 7,000.00 should I use it to buy gold or silver?
"Precious" metals will be worthless with the new currency when it's value will be re-done.
 Quoting: LakeXeno


This mutton head is wrong. Gold is the more conservative choice over silver at this time. Given the premiums I would recommend the silver at $30, not at $33.
Anonymous Coward
User ID: 5070589
United States
02/19/2012 02:39 PM
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Re: I have 7,000.00 should I use it to buy gold or silver?
If the world went belly up those that control the food will be mafia strong, they won't want to mess around with pennies they will want to screw everyone they come across, there won't be any customer services, you would need to walk up to any place with food with weapon draw, loaded and ready to fire...

If the SHTF it will be a Max Max world...

Survival will be only for the fittest, I would not trade nickels when I could get gold for the same and I know that people would give it to me even if I was selling rat meat
...

I think America is very close to the meltdown, people really need to get real and think really hard about the reality of human greed and cruelty, I live in one of the safest places on Earth but many here really feel that good times are not going to be with us for long...
 Quoting: 1i


And THAT is the very reason to have .999 copper bullion rounds! They are coins and a FRACTION of the cost of silver.

When you go to batter just offer the copper and say that is ALL that you have!

That is why I picked up a bunch of rolls of .999 copper coins.

Copper is cheap today but after TSHF the price will rocket straight up!

I got mine here, just scroll down to see the info:

[link to phoenixrisingradio.net]
 Quoting: Anonymous Coward 932005



This does not look even remotely profitable.
Anonymous Coward
User ID: 10664024
United States
02/19/2012 04:40 PM
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Re: I have 7,000.00 should I use it to buy gold or silver?
silver is not money? i guess you haven't read this article
[link to goldsilver.com]
Anonymous Coward
User ID: 8163470
Mexico
02/19/2012 04:45 PM
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Re: I have 7,000.00 should I use it to buy gold or silver?
YOU CAN'T EAT SILVER NOR GOLD !!

ana
Anonymous Coward
User ID: 9291538
United States
02/19/2012 04:53 PM
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Re: I have 7,000.00 should I use it to buy gold or silver?
I am going to use tax refund to buy gold or silver what would you do?
 Quoting: Anonymous Coward 9421446


get some chinese money with it !
Anonymous Coward
User ID: 7483003
United States
02/19/2012 05:02 PM
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Re: I have 7,000.00 should I use it to buy gold or silver?
Gold for the short term, silver for the long term. Make sure you have water and 3 ways to purify it. Food, at least enough for 3 months for each person. A way to protect your family and cache. First Aid, especially antibiotics. Cold weather gear, rain gear, seeds, gas masks. the list is end fuckin less. Good luck
***DRAGOON***

User ID: 1072087
United States
02/19/2012 05:35 PM
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Re: I have 7,000.00 should I use it to buy gold or silver?
I am going to use tax refund to buy gold or silver what would you do?
 Quoting: Anonymous Coward 9421446


I have 7 years worth of "Prep's". If you or someone like You were to come to me seeking food and water with nothing to Barter, but ..... Gold or Silver.

I would "Turn You away".

I have Gold and Silver for when tshtf is "Over". Until then I would recommend getting "Preps".
Anonymous Coward
User ID: 8925069
United States
02/19/2012 05:56 PM
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Re: I have 7,000.00 should I use it to buy gold or silver?
Great thread! Thanks for the info!SmileyGlas
Anonymous Coward
User ID: 10903862
United States
02/19/2012 09:53 PM
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Re: I have 7,000.00 should I use it to buy gold or silver?
can I have your address?
Hermittao

User ID: 11113210
United States
02/19/2012 10:02 PM
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Re: I have 7,000.00 should I use it to buy gold or silver?
Yes, buy GOLD!!!!
And it shall come to pass in the last days, saith God, I will pour out of my Spirit upon all flesh: and your sons and your daughters shall prophesy, and your young men shall see visions, and your old men shall dream dreams - Acts 2:17 (KJV)
Hermittao

User ID: 11113210
United States
02/19/2012 10:03 PM
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Re: I have 7,000.00 should I use it to buy gold or silver?
No, don't buy GOLD!!!!
And it shall come to pass in the last days, saith God, I will pour out of my Spirit upon all flesh: and your sons and your daughters shall prophesy, and your young men shall see visions, and your old men shall dream dreams - Acts 2:17 (KJV)
Hermittao

User ID: 11113210
United States
02/19/2012 10:03 PM
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Re: I have 7,000.00 should I use it to buy gold or silver?
Maybe buy GOLD!!!!
And it shall come to pass in the last days, saith God, I will pour out of my Spirit upon all flesh: and your sons and your daughters shall prophesy, and your young men shall see visions, and your old men shall dream dreams - Acts 2:17 (KJV)
Anonymous Coward
User ID: 11112723
United States
02/19/2012 10:24 PM
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Re: I have 7,000.00 should I use it to buy gold or silver?
I would say gold, the thing is that silver is too bulky, if you needed to move in a hurry getting $7000 of silver in your pocket is just not going to happen, whereas with gold you just put it in your pocket and your away...

I bought some of this I think if you have gold and you don't want to part with it all then having little bits you can snap off like a chocolate bar is the best

[link to www.goldenasset.co]

This is the second time I have promoted this gold today but I'm still well impressed, what a bloody great idea, trust the Swiss to treat gold like chocolate :)
 Quoting: 1i


$7,000 of silver is only 200 ounces. That's not that big.

Two ounces of gold and 100 ounces of silver might be a good split.

Silver has more upside because silver is being used up faster than it is being mined.
Anonymous Coward
User ID: 11112723
United States
02/19/2012 11:39 PM
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Re: I have 7,000.00 should I use it to buy gold or silver?
Now lets debunk the idea of a small farm :)

Lets say you managed to get out of the city alive, the only food gathering you have ever done is at McDonalds or Taco bell...

Where is the first place you are going to think of looking for food ?

Yes, you are correct farms !

You may find that you do all the work and someone comes along and harvests for you unless you are armed to the teeth and can stop gangs of hungry people who will risk their lives for food because they will be very hungry....

Learn to hunt and learn what nature has to offer before sticking your own roots in the ground !
 Quoting: Anonymous Coward 10218516


Interesting advice on hunting over farming.
Anonymous Coward
User ID: 11110373
Canada
02/19/2012 11:49 PM
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Re: I have 7,000.00 should I use it to buy gold or silver?
I would say gold, the thing is that silver is too bulky, if you needed to move in a hurry getting $7000 of silver in your pocket is just not going to happen, whereas with gold you just put it in your pocket and your away...

i bought some of this I think if you have gold and you don't want to part with it all then having little bits you can snap off like a chocolate bar is the best

[link to www.goldenasset.co]

This is the second time I have promoted this gold today but I'm still well impressed, what a bloody great idea, trust the Swiss to treat gold like chocolate :)
 Quoting: 1i


If you need to move somehwere *that* fast, you won't be getting anywhere because everyone else will be doing the same for whatever reason. aka mass panic, and widespread chaos.

It would take all of 10-15 mins to pack up even $70,000 for transport.
Anonymous Coward
User ID: 3183417
United States
02/19/2012 11:53 PM
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Re: I have 7,000.00 should I use it to buy gold or silver?
Buy some metals. I started a reserve of cash and metals recently.
Good thing some ass in Austin Got my card number and charges 1,600 dollars worth of crap today.

840.00 at CVS pharmacy.
1.83 McDonalds
6,40 Target
790 Target

All within a few hrs.
Fraud department caught it and put a hold on the amounts.

Banking is falling apart, so yes keep some assets at home.
Your account may be frozen for some time if anything happens.
Anonymous Coward
User ID: 2091552
Canada
02/29/2012 08:25 AM
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Re: I have 7,000.00 should I use it to buy gold or silver?
I am going to use tax refund to buy gold or silver what would you do?
 Quoting: Anonymous Coward 9421446
amywood71605

User ID: 1422833
United States
02/29/2012 08:28 AM

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Re: I have 7,000.00 should I use it to buy gold or silver?
our tax refund this year was just under 9K. Prior to it we had about 4 months worth of an "emergency fund". First thing we did was add to that so we have about 6 months now. Now we're working on setting up college savings for our three boys.
"Live each day like it's your last, love like you've never been hurt, and dance like no one is watching."
Anonymous Coward
User ID: 1389614
United States
02/29/2012 08:40 AM
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Re: I have 7,000.00 should I use it to buy gold or silver?
Let's face it, if there was a total collapse of the economy/banking system, or even worse, a total shutdown of the electrical grid, ALL money would be worthless. You couldn't access an ATM or go to a store to buy ANYTHING. At that point, clean water, food, gasoline, diesel, warm clothing, etc. would be WAY more valuable than any type of money. If I had plenty of water, I would certainly barter with someone who could give me food, or other supplies, but what the hell would I do with a pocket full of nickels? I can't use them at a store, and if this actually happened, people would soon realize their coins aren't doing them any good, and they are getting very thirsty and hungry....
Anonymous Coward
User ID: 10043482
United States
02/29/2012 08:44 AM
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Re: I have 7,000.00 should I use it to buy gold or silver?
pay off house, buy house cheap, buy food, etc, you can't eat gold and silver if the money runs dry.

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