Very nice start, RP2012. We all had to start somewhere and I am sure that many of us had less than this at first. Your collecting technique is good and you will do well with it. It is a tried and true method for collecting a valuable commodity over time. Others have done and are doing this because it works!
Quote:
they think I'm crazy and that my talk of our dollar collapsing is a conspiracy theory lol.
Many people who do not swim with the general school of thought are considered "crazy", until their predictions are suddenly found to be correct. Then, all of those nay sayers will be begging you for advice (and anything else they can get) on what to do next. Unfortunately for them, that is a bit like asking for bomb defusing advice AFTER you have been blown up doing it incorrectly.
The dollar may or may not collapse. No one knows for sure whether or not this will occur. What we DO know, however, is that the dollar is shedding value and is in serious trouble, thanks to an Everest sized mountain of public debt and an unfunded financial liability level that this nation simply cannot afford. We will need to back away from a lot of this spending and unwind most of the ridiculous spending promises. Given the state of the US economy and the demographics of the situation, those promises simply cannot be kept. There is no known way of doing it. Stating the obvious, however, does not reduce the level of expectation that many people have, however. There is going to be some serious financial pain, particularly among the unprepared. Tragic as that is, of course, no one but they can do anything about it... and they are not.
Because of all this, converting part of one's cash into something that is not susceptible to these same economic challenges could well be a very smart move. Again, there is no guarantee of this... but it IS a pretty good long-term bet!
First Page
Posted 06/19/2011 8:22 pm
!!
