Many investors say gold is the best investment right now. We want to know...
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Silver the King , Go Gold !
Silver may be even better than gold.
Natural gas at $2 can't last can it? The cost may be higher than that for a large portion of gas fields. Those making money are getting natural gas liquids (propane, butane, pentane and such) or oil with the gas (methane mostly for dry gas). So less wells are being drilled. When supply shrinks, price will rise to 3-4 dollars, probably this year. The gas drillers are dirt cheap right now. A company with $2.50 cost gas goes from a loss to a pretty big profit. Like I say they are dirt cheap right now.
The value of gold has a history of thousands of years. Whenever we talk of the value of gold today, we are merely comparing this value with the value of a sheet of paper called US Banknote. Judging from the conduct of the US Government, it is difficult to place too much value on the greenback. So I voted for gold. I hope gold can come down to $1500 or even less, so that we can accumulate more.
Gold, like most other commodities, appears overvalued right now. Long-term investment into stocks would only make sense for a very few which offer high dividends, but the usual suspects (oil, mining, ships) are not doing too well right now. Bonds and savings offer tiny profits... I have put my money into alternative investments like carbon credits and farming. I am considering the movie industry and, maybe - maybe not - fine wines. All these offer very nice profits and carbon credits have the potential to become the next big thing.
Regarding civil war in the US and other gloomy scenarios - I don't know. I thought the Yellowstone caldera was going to blow up and swipe away the entire east of the country so that the survivors would be forced to seek help from the UK in exchange for the long overdue reinstitution of the monarchy and decent taxes on tea.
The military have to prepare for all kinds of catastrophes, that's what they are getting paid for. It does not mean that these things will happen. But it would be foolish not to have contingency plans ready as there is no time for deep thinking should disaster strike for real. The same applies to emergency laws.
In sufficient funds. Commodity and asset depreciation despite low interest. Some poker bubbles in real estate. Cash is king until they print more. Hard to sell and hard to buy, like power struggle between commercial banks and investment banks. Bear market ahead.
I checked gold as the best investment, but certain gold junior miners are what I would like to have checked. They will outperform, in my opinion, as they are the source of physical gold. Too much world debt. In dollar terms, gold will tell me what the trillions of dollars of US debt is worth in dollar currency.
what the heck happened to oil today?????
stocks are the best investment some of them pay a very nice dividend so even if a stock goes
down u still get paid and u can always sell a covered call and make more money and in the long
term over 100 years stock do much better.
gold or silver are too expencive for the little investor in this economy all over the world.
The following short article explains why gold is the ONLY smart investment!
“We are Preparing for Massive Civil War,” Says DHS Informant
Posted by Dominique de Kevelioc de Bailleul on May 03, 2012 | 27 comments
In a riveting interview on TruNews Radio, Wednesday, private investigator Doug Hagmann said high-level, reliable sources told him the U.S. Department of Homeland Security (DHS) is preparing for “massive civil war” in America.
“Folks, we’re getting ready for one massive economic collapse,” Hagmann told TruNews host Rick Wiles. Sign-up for my 100% FREE Alerts
“We have problems . . . The federal government is preparing for civil uprising,” he added, “so every time you hear about troop movements, every time you hear about movements of military equipment, the militarization of the police, the buying of the ammunition, all of this is . . . they (DHS) are preparing for a massive uprising.”
Hagmann goes on to say that his sources tell him the concerns of the DHS stem from a collapse of the U.S. dollar and the hyperinflation a collapse in the value of the world’s primary reserve currency implies to a nation of 311 million Americans, who, for the significant portion of the population, is armed.
Uprisings in Greece is, indeed, a problem, but an uprising of armed Americans becomes a matter of serious national security, a point addressed in a recent report by the Pentagon and highlighted as a vulnerability and threat to the U.S. during war-game exercises at the Department of Defense last year, according to one of the DoD’s war-game participants, Jim Rickards, author of Currency Wars: The Making of the Next Global Crisis.
Through his sources, Hagmann confirmed Rickards’ ongoing thesis of a fear of a U.S. dollar collapse at the hands of the Chinese (U.S. treasury bond holders of approximately $1 trillion) and, possibly, the Russians (threatening to launch a gold-backed ruble as an attractive alternative to the U.S. dollar) in retaliation for aggressive U.S. foreign policy initiatives against China’s and Russia’s strategic allies Iran and Syria.
“The one source that we have I’ve known since 1979,” Hagmann continued. “He started out as a patrol officer and currently he is now working for a federal agency under the umbrella of the Department of Homeland Security; he’s in a position to know what policies are being initiated, what policies are being planned at this point, and he’s telling us right now—look, what you’re seeing is just the tip of the iceberg. We are preparing, we, meaning the government, we are preparing for a massive civil war in this country.”
“There’s no hyperbole here,” he added, echoing Trends Research Institute’s Founder Gerald Celente’s forecast of last year. Celente expects a collapse of the U.S. dollar and riots in America some time this year.
Since Celente’s ‘Civil War’ prediction of last year, executive orders NDAA and National Defense Resources Preparedness were signed into law by President Obama, which are both politically damaging actions taken by a sitting president.
And most recently, requests made by the DHS for the procurement of 450 million rounds of hollow-point ammunition only fuels speculation of an upcoming tragic event expected on American soil.
These major events, as shocking to the American people as they are, have taken place during an election year.
Escalating preparatory activities by the executive branch and DHS throughout the last decade—from the Patriot Act, to countless executive orders drafted to suspend (or strip) American civil liberties “are just the beginning” of the nightmare to come, Hagmann said.
He added, “It’s going to get so much worse toward the election, and I’m not even sure we’re going to have an election in this country. It’s going to be that bad, and this, as well, is coming from my sources. But one source in particular said, ‘look, you don’t understand how bad it is.’ This stuff is real; these people, the Department of Homeland Security (DHS), they are ready to fight the American people.”
TruNews‘ Wiles asked Hagmann: who does the DHS expect to fight, in particular? Another North versus South, the Yankees against the Confederates? Hagmann stated the situation is far worse than a struggle between any two factions within the U.S.; it’s an anticipated nationwide emergency event centered on the nation’s currency.
“What they [DHS] are expecting, and again, this is according to my sources, what they’re expecting is the un-sustainability of the American dollar,” Hagmann said. “And we know for a fact that we can no longer service our debt. There’s going to be a period of hyperinflation . . . the dollar will be worthless . . . The economic collapse will be so severe, people won’t be ready for this.” Sign-up for my 100% FREE Alerts
Source: Full TruNews interview, May 2, 2012
Read more: http://www.beaconequity.com/we-are-preparing-for-massive-civil-war-says-dhs-informant-2012-05-03/#ixzz1tuqmfv9U
The mountain of debt this country has accumulated will result in an avalance in the not too distant future. Obummer will do his best to contain everthing until after the election. After that - hang on, especially if he gets another term.
Best comment today lol, well said Ted!
Nail on the head Ted!! Unfortunately, Whoever is elected is of no matter. Anyone with a calculator can quickly see the trouble ahead. Hey Depression wait for us!
“More Americans continue to consider gold the best long-term investment among the major options available,” Gallup declared in an April update of its annual Economy and Personal Finance poll. Twenty-eight percent of respondents chose bullion as their top vehicle, followed by 20% for real estate, 19% favoring stocks/mutual funds, 19% picking savings accounts/CDs, and only 8% opting for bonds. Gallup concluded: “Investing in gold has gained in popularity in recent years as low interest rates have made traditional savings instruments less attractive, and instability in the stock and real-estate markets has undermined the mass appeal of those options. "
• Americans feel “gold is the safest long term investment” today, a Gallup survey has found.
• Gold was favored over four other types of investments perceived as the best long term choice for American investors today.
• 28% of the American public chose gold as their favored investment of choice today.
• Real estate followed in second place, with 20% seeing it as the best long term investment.
• Paper assets were less popular with savings accounts and certificates of deposits (CDs) tied with stocks and mutual funds at 19%.
• Bonds came last at 8%.