Well, its about time for me to start buying silver..........

The American dollar is in a lot of trouble. The Washington Post ran a report yesterday saying that the Chinese, whose banks are loaded with over $800 billion dollars, are going to begin moving away from the dollar into other currencies.

Its about time for me to start stocking up on collectable gold and silver coins. I was talking to a guy and he told me it is possible the dollar can completely crash. Maybe, maybe not.

One thing I know for sure is that precious metals always hold their value.

The funny thing is late yesterday, the Associated Press ran another article where the Chinese are saying they won't dump it. Sounds like BS to me. What I really think they're trying to say is that they want to quietly dump the dollar, so as to not cause a panic.

 

Silver went up 40% within a year and the predictions are that the silver is still traded under value. - Good investment.
Perhaps Palladium too since Platinum is too expensive, both have the requirements the industry needs.

 

Platinum has a long way to go over the next decade.

 

What about gold?

It seems the dollar is in trouble primarily because of the Iranian plans to begin a trading exchange based upon the petroeuro rather than the petrodollar, thereby completely shafting the US economy. It depends which way Saudi Arabia moves but the markets are beginning to get jittery about the possibility of a freefall in the dollar.

I think I'll invest in chocolate. Everybody likes chocolate, right?

 

chocolates!! =)~ of course everyone should like chocolates!

what about precious and semi-precious stones?

 

I would go for gold

 

So strange...we were just talking about this at dinner.

 

Do you know about e-gold, e-silver and so on? Are they true or a total scam? Would be interesting to purchase precious metals on the internet

 

most of my investments in the past 8 years or so have been in alcohol, unfortunalty it all went down the drain

 

Ahem! http://forums.digitalpoint.com/showthread.php?t=42537


Really you should invest in drugs and alcohol - when every gets depressed that they lost their houses and jobs they are not going to want to buy gold. They are going to want to get off their heads.

*edit nice one peanut

 

E-gold is not a scam what you should look out for are the gold exchangers that convert money for you into e-gold.

You have to use a exchanger to exchange your money into e-gold.

 

www.midasresources.com is a good company to buy gold/silver from. Starting at the end of Feb, I'm probably going to begin transferring a couple hundred bucks a month into silver collectables. By the end of the year that will be 2200 bucks worth of silver.

Gold is more like your savings account and silver is like your checking. The guy I talked to at Midas said that silver was better in an economic crisis, I can't remember why.

 

Hugs. I invest in hugs, because everyone wants them and they're the only thing that keeps giving.

 

Awwwwwwwwwwwww

 

From now on im charging in £ for my links...

 

I have gold &silver stored in my secret underground bunker located in down-state Illinois.

We have enough food, water, duct tape and toilet paper there to last three years.

 

I have a friend who's pretty "rich" and for years I've been trying to convince her to move to valuable stuff like gold or silver. Now I have a proof that I wasen't wrong about the eventual crash of the "dollar" economy

I've always knew I should have been a rich person...

 

Instead of convincing her to move to 'valuable stuff' you should be trying to convince her to hitch up with you and share her worldly assets.

 

How much you think you need to invest in silver?

 

Already working on that

Maybe not for that reason, though (but juste maybe )