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HK HK is offline
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First recorded activity by BoatBanter: May 2007
Posts: 13,347
Default Will losses at Bank of America...

wrote:
On Tue, 22 Jan 2008 20:30:55 -0500, hk wrote:

Under a worse case scenario, the only thing you are going to be able to
do with an ETF is wipe your butt.

Do I think this country is going to come apart at the seams and devolve
into a violent revolution? You betcha. Maybe not in my lifetime, but the
devolution is a lot closer than I ever thought it will be. Real gold
will smooth the way of some of the survivors.


If you are looking for a hard asset, I have a transferable Norell
conversion 1022 that has appreciated 10x in about as many years and it
would be quite handy after the revolution. I have heard folks say in a
real meltdown .22RF ammo might be the new currency



I dunno; I can get into enough trouble without an autofire rifle. :-)