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nom=de=plume nom=de=plume is offline
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First recorded activity by BoatBanter: Aug 2009
Posts: 5,427
Default 7 things about the economy

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...
On Sun, 24 Jan 2010 17:35:33 -0800, "nom=de=plume"
wrote:

If you think hyperinflation is coming, claiming that you've got all cash
isn't exactly where you want to be. You should be complete in a precious
metals, since you may not be able to "click" and get it done, as the SEC
would shut down the exchange. Also, you'll need to have the gold or
whatever
in your possession to be safe.

Oh, and you're not too bright... if that wasn't obvious.



Silver coins is a good hedge. You might give someone a quarter for a
loaf of bread but it is hard to make change for a Krugerrand.
I have some but I wish I had bought a drywall bucket full when they
were 4-5x face.



It's a "crunch" mentality to hoard pieces of metal. Some is fine, but I sure
as heck don't want to lug it around.

--
Nom=de=Plume