Everyone Buying Gold - Should You?
While gold has it's place in our investment strategy right now it is the current bubble of choice in our uncertain economy. Many of us that were alive through the last few decades, have seen a few other bubbles and the hysteria associated with them. First came the dot.com bubble, new web start-ups grossly overvalued as the hype and lure of high profits had investors falling over themselves waiting in line to invest. Many ordinary people become instant millionaires overnight and soon after the bubble burst many of these same people ended up loosing everything and found themselves broke.
More recently the housing market was the bubble of choice, people investing their life savings and buying up real estate at an unprecedented rate. Soon the rug was pulled out and many of these same people are now renting after having lost everything in foreclosure to the banks and wall street who perpetuated the biggest scam of our time laughing all the way to the bank.
This brings us to our current bubble, while many are saying that gold will go up and it may for a short time, eventually it will come crashing down just like every other bubble in the past. Why buy gold now when you can use your money to buy many durable items that are not valued as high as gold is right now. Hard durable goods that don't have a shelf life and one can day help you survive will bring more real value than gold.
Many people that have gold think that this will be their key to survival if the dollar collapses. In my opinion it's better to invest in .999 silver coins, as this will become the currency of choice post paper dollar. Other good investments are things you can barter with, something people will always need. Guns, knives, ammo or other hand tools, anything with a long shelf life that will become scarce ISHTF, are all great items to stock up on now while they are affordable.
For those of you that are lucky enough to have money to invest and are wondering what to buy? The answer is simple, real estate is way undervalued right now. You will never have a better time to get in on the ground floor of the next bubble. With the world's population increasing and the limited amount of land available, real estate will always be a sound investment. Any of these are all still a much better investments than our paper based currency. Although in a survival situation, with toilet paper being scarce, our paper currency may have value worth far more than gold.
- 2011 NEW 1 OZ SILVER WOLF 5 DOLLAR COIN
- Diameter is 38 mm
- Silver is .9999 pure
The Royal Canadian Mint has placed a strict and and low mintage on these coins. With the unprecedented demand of these gorgeous .9999 fine silver coins in Europe and the rest of the world, these Timber Wolf coins will sell out very fast! The Canadian Timber Wolf coin is the first coin released in the Royal Canadian Mint's 3-year long "Canadian Wildlife Coin Series" program. The obverse of the coin bears Queen Elizabeth II with a $5.00 CAN face value. The reverse has a beautifully designed Canadian Timber Wolf, with the moon and night time mountain side landscape behind this majestic Canadian predator. Brilliant Uncirculated!... More >>
2011 Canadian Silver Timber Wolf 1 Troy Oz Coin
- .999 fine silver, 1 ounce
This is 1 Troy Oz. coin made of .999 Pure Silver and shaped into the form of an old Buffalo nickel. Silver is an excellent investment (if it's pure) because no matter how much value the American dollar loses, silver will hold its value as precious and desired commodity. And this coin is especially collectible because of its craftsmanship and artistic value.... More >>
NEW Buffalo/Indian Head Nickel Art Coin 1 TROY OZ .999 SILVER BULLION
- .999 Fine Silver Bar
- 1 Troy Ounce Silver
- Sunshine Minting
- In original mint plastic
- Great Investment
1 Troy Ounce "Eagle Design" Silver Bar .999 Fine by Sunshine Minting. Bar is available and ready for immediate shipment and a good way to invest in silver.... More >>
1 Oz Fine Silver Bar - Eagle Design