My number one bit of advice remains the same: Lead is the new gold, preps and barter items such as liquor and tobacco are worth far more than current FRN costs.
Now to the Drudge headline: The Stock Market is breaking all records, and I think we all know it is a bubble of unconscionable proportions. When it blows, it may well be the trigger many of us anticipate for full contact life.
Silver is under $30 an ounce at the moment. Gold is at or near $1600 - a low spot for the last while.
If you have satisfied all your other prep commitments, I'd seriously consider silver right now.
And that's all I'm going to say about that...
Kerodin
III
Agreed!
ReplyDeleteI'm 90% silver as far as my silver/gold ratio goes. Have been balancing the use of my dry powder/fiat FRN's over the last several years between PM's, lead (the other PM!), lead delivery systems, food storage and other gear and supplies.
Silver will be the new gold eventually...just look at the fundamentals of silver as a rare PM used both monetarily and heavily in the electronics and the solar industries, as well as silvers incredible medicinal values that are starting to hit mainstream again.
Don't let these criminal banksters who fraudulently rig the markets by monkey-hammering the PAPER silver and gold markets scare you away from silver.
Take their criminality as a gift so that you can use their worthless fiat paper to continue to buy relatively cheap silver for a while longer and add to your stack!
It's not about the price right now...it's about adding as many ounces to your stack as you can while it's still affordable. So BTFD (Buy The Fucking Dips).
If you want a great site to go to for all kinds of information about silver and gold then bookmark: http://tfmetalsreport.com
And visit it daily for great info and another great online community of preppers.
The Cartel is shaking the silver tree hard right now. Getting out of paper silver and into the real thing. Short term thinkers are unloading at the pawn shops right now. Catch some silver as it shakes loose. Another great website is http://www.silverdoctors.com/
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