Re: Bullion vs Equities
in response to
by
posted on
Jun 30, 2010 05:13PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
Silver, timing what is about to happen vis a vis the world's monetery crisis is impossible! Individually, all we can do is prepare to dodge a few "bullets" bridging whatever befalls us as unscathed as possible.
Any prediction of the final outcome and when that may be is pure unadulterated speculation!
Counterfitting (Unabated expansion of the fiat currancy available for consumption!) has become the norm!
I carry a $Z15 trillion note in my wallet as a reminder of the little understood terms inflation/hyper-inflation! (In simple terms the uncontrolled expansion of the monetary base, ie fiat currency) The $Z15TT wouldn't buy a hamburger at the Harare McDonald's just before its final demise.
Where do you store your bullion? In the garden; under the 'ol oak tree; as a paper-weight, in your "purse;" all of the above! (Where-ever! The exception may be the banks!)) More important is having some to "store!"
These crisis invariably end with a "bang!"
RUF