Quote:
Originally Posted by moncton golden flames
sure, some people are doom and glooming. am i completely on that boat? no. but i do feel like we are in for much worse times than we are good times. rising interest rates to curb huge currency inflation from all the bailouts (printing of money with nothing of value to back it), dwindling cheap oil supplies all over the world.
i'm looking at 5-20 years down the road stuff here. all long term stuff...the short term is too unpredictable.
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Well then what your doing is probably pretty solid.
For anyone else buying gold, it is actually best, if you are buy large quantities, to make sure you have the gold in your possesion. If you are buying quantities to secure your future, might as well get yourself a real safe as well. No telling what a lockbox company or bank will do with your gold in the event of a catastrophic economic failure.
Thats just the doom and gloom scenario.