Time for AU and AG

[Scythe13]

That's a fair point BP. Everyone is selling their gold and silver....like sheep. Can you recall a time when the flock was right? There are thousands of examples of the flock being wrong. Now is the time to buy. Yes it is more expensive than a year ago, but it's very cheap in comparrison to where it will be by 2015!!! The greatest transfer of wealth is going to happen, if the whole world doesn't collapse. I'm hedging my bets. If the world collapses, I have my 'usual prepper' items ready. However, if the whole world doesn't collapse, then the wealth transfer will be enormous!!! Either way, I'm covered.

Gold and Silver cannot be eaten. "We are far detached from where our food comes from" and "We're a global market/economy now" don't forget the classic "It's different this time." These are all things that people were saying last time we had a depression. If these things unravel, the same as they have for the last 5000 years, yes food and the alike is massively vital, but a transfer of wealth will come in the form of those holding gold and silver.

If you want to hedge and grow, AU or AG. If the collapse doesn't happen in the next few years, gold and silver will make you much richer! However, if you want to vanish (I know you do BP) then I'd recommend keeping the 'usual prepper' items.