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Why Buying Bullion Is Not A Good Investment....

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basebal21's Avatar
13014 Posts
 Posted 11/03/2012  3:39 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Elf very well said. Very sorry about what happened in the area as well. Hopefully your house isn't one thats in the bay. NJ does seem to be doing a better job from the top trying to get everything fixed up though than NY so hopefully it wont be to much longer.
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Ed_B's Avatar
United States
4008 Posts
 Posted 11/05/2012  7:33 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
Some climate guys in the 70s I believe predicted exactly the type of weather weve been seeing but were dismissed back then.

Actually, back in the 70s, the main rant was global COOLING and the coming ice age. After being wrong about that, they switched to global warming. When that fizzled, they finally went to global climate change, so they have some traction now whether the temps go up OR down.

Getting caught red-handed lying about their research results at the University of East Anglia, a noted center for environmental research, one would think that their credibility on ANY issue would be nil about now. Scientists are VERY unhappy with people who fudge their research data, no matter what their reason for doing it was. A scientists' creed is "Truth Above All Else" and not "Political Expedience Above All Else". It is not unusual for liars to be banned from the scientific community as the bad actors they are. Credibility is all a scientist has and if s/he is willing to sell it for money or for politics, their name is mud... and for a VERY long time, at that. Ever after, they will be recognized with "Hey, aren't you one of those guys who lied about their global warming data?". It WILL follow them for the rest of their lives... and rightly so.
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basebal21's Avatar
13014 Posts
 Posted 11/05/2012  8:06 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
I agree, unfortunatly enough people and political agendas have prevented them from being completely run out and discredited. Its pretty obvious they came to the conclusion for and have been trying to work backwards to explain why. Whether it happens in our life time or not, they will be looked back on poorly in history for such dishonest attempts at "science". I recall a nobel prize winner resigning from one of those environmental science groups saying basically that theyre just playing politics and not reporting science.

http://www.ibtimes.com/nobel-laurea...rming-313636

I couldnt agree more though scientists should let the science dictate their polices and beliefs, not the other way around
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nohope587's Avatar
United States
5953 Posts
 Posted 11/06/2012  06:06 am  Show Profile   Bookmark this reply Add nohope587 to your friends list Get a Link to this Reply
Actually folks Silver would be a good investment try finding antibiotics after a collapse.
Silver has a lot of medicinal properties not least of which it will purify water.
But plenty of lead and food to protect said silver would also be wise.
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Ed_B's Avatar
United States
4008 Posts
 Posted 11/06/2012  5:12 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
...though scientists should let the science dictate their polices and beliefs, not the other way around

REAL scientists do exactly that. People who do not are only pretending to be scientists.
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basebal21's Avatar
13014 Posts
 Posted 11/06/2012  6:38 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Time confiscate some white coats
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ghostrider's Avatar
United States
1116 Posts
 Posted 11/07/2012  01:12 am  Show Profile   Bookmark this reply Add ghostrider to your friends list Get a Link to this Reply
delete
Edited by ghostrider
11/07/2012 01:13 am
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Narrowboatbox's Avatar
United Kingdom
49 Posts
 Posted 01/17/2013  05:51 am  Show Profile   Bookmark this reply Add Narrowboatbox to your friends list Get a Link to this Reply
I'm pretty sure if a worldwide apocalypse actually did happen (I'm sure this will not in our lifetimes) no one would care about PM . Burying and burning the dead would be priority to stop disease. Perhaps silver would have a small value for its medical applications but if 80% of the globe are dead who and how would you process these materials? If paranoid that the end is near get stocking up on bottled water (most valuable) and dried food. Then medicine and weapons. That's my advice . And if anyone wants to swap gold for water or dried food give me a call . LOL
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United States
3789 Posts
 Posted 01/17/2013  11:31 am  Show Profile   Bookmark this reply Add yup7676 to your friends list Get a Link to this Reply
IF the worse happened.... I would rather have food, water and shelter. forget PMs. I can still trade my food for protection, and other services so yea i;ll pass PMs on a worst case scenario.
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silverdollar2011's Avatar
United States
385 Posts
 Posted 01/17/2013  2:48 pm  Show Profile   Bookmark this reply Add silverdollar2011 to your friends list Get a Link to this Reply
I just take advantage of the great o' tides that silver and gold prices are offering now. I buy low and sell high for a profit.
Keeping silver/gold for an apocalypse is silly, just another marketing scheme. Unless you invest in silver bulletz....
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ninamason's Avatar
United States
1227 Posts
 Posted 01/17/2013  2:57 pm  Show Profile   Bookmark this reply Add ninamason to your friends list Get a Link to this Reply
I would want food, water, warm/cool clothing, my bicycle and a bicycle pump, and . . . .


. . . . textbooks.


Yup, you read that right. Why? Here's why: If you read Stephen King's The Stand--which is actually a pretty good analysis of what would happen during a worldwide apocalypse, up until the point that God starts sending everybody visions because it's a very weird kind of science-fiction/fantasy thing--you'll find a section where two characters have to perform an appendectomy and neither of them are doctors. They perform the surgery by finding a Reader's Digest set of medical books and using them to learn as they go. I don't remember if their patient survives or not (I think not), but once the initial panic (DEATH!! FOOD!! WATER!!) is over and people have started to regroup, those books would be as valuable as gold is today (remember that in the initial fall we can count on lots of books being burned as fuel or by vandals). People will need to relearn how to doctor. People will need to relearn higher math, which has lots of daily applications. And people will need books to teach their children English/Spanish/French/etc. because even today, in a non-apocalyptic world, we are constantly finding old manuscripts and such from ancient civilizations--imagine what would happen in a world where ashes, ashes we all fell down, and now after the initial huddle for survival people are expanding outward again. In Ayn Rand's Anthem, all the books are burned at the beginning of the New World. In Alli Condie's Matched trilogy, old books that are not part of the One Hundred Books are routinely incinerated. In the Hunger Games trilogy, all past knowledge has been lost. In Fahrenheit 451, Montag is considered vital because he's the backup, not even the primary, memorizer of the Book of Ecclesiastes. It's very clear that knowledge is a powerful tool in a world gone crazy. I estimate it'd take six months at the outside for the medical books to be worth quite a lot.

So yeah, as soon as the dust settled I'd be running for the nearest Barnes and Noble and finding a way to get inside.
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