You Can't Eat Pm

In India, to this day - a thin layer of edible silver foil is carefully layered and placed on top of some desserts. It's a "luxury" type thing. I know because I've visited India many times and have tried it.


The use of silver foil in food in India goes back thousands of years, it is claimed; in fact, India converts 13 British tons of pure silver into edible foil every year.


Source: Wikipedia.org

There's an old saying to the effect that "life is a wombat doo doo sandwich. The more bread you've got, the less wombat doo doo you have to eat."

That is so very true. I am 33. My generation had never seen a real recession until 2008. I guess we simply expected that the boom would go on and on.

We also were told to go to college, get a degree in whatever we were interested in, and we would find a great job doing what we loved. Now that those kids are graduating with tens of thousands of dollars in debt and a degree with no real value. Likewise we were told that future jobs would be "knowledge based" and done on computers. Little did we know that we would be competing head to head with Indians with the same knowledge, a computer, and a T1 line. When people ask me if I think engineering is a good field for their kids I tell them no. On the other hand you can't go wrong as a certified plumber.

Hopefully this will be a wake-up call for everyone.

On the plumber (or any trade) you are correct! Many had looked down on these jobs but yes even trash collectors make a good living and are very necessary

There's 13 tons that we can reasonably assume won't get recycled.

And every Christmas, the cat gets into the tinsel, and you get sparkly poop.

I know that has worried me as well that's one reason not to say anything or look well off plus have some smaller denominations as well. That goes for food, water, tools etc as well. All will be like money if things go terribly bad. I our currency is just devalued PM holders as well as those with even clad/copper and nickel currencies may do better. Many currencies when they have be devalued have only called in paper money and adjusted bank account. Coins stayed in circulation

Start with the basic premise that not everything we hear is true and go from there. One HUGE problem today is that a lot of our young people went to college and never considered the full cost of doing so vs. what they could reasonably expect to earn from it. This is referred to as a "cost benefit analysis" in business. Fact is, most technical jobs require a 4-year degree for entry level positions and advanced degrees for supervisory positions. No matter how interested a person may be in sub-Saharan tribal culture, for example, a degree in that is unlikely to produce sufficient income to repay the debt incurred to achieve it. People need to consider that not all of the satisfaction in their lives has to come from their occupation.

Who said I wasn't buying? Notice I said that I don't think silver is a good LONG term investment. At least not at current prices. I believe that when the economy improves, silver will plummet. I also believe that between now and the 2012 presidential election, silver prices will increase. So, in my mind, silver is a great short term investment, poor longer term investment.



That works great if you don't need the money and can hold for two decades. Most people that are investing are doing so with a timeline and goal. Specifically most people invest to insure they will be able to retire. This is where diversification is key.