Investment / Personal Finance

I bought silver pre and post Y2k and still hold it despite almost tripling my investment. I bought it as insurance for the zombie apocalypse. My goal is to bequeath it to my kids and hope I never have to sell it. But, if I do need it, it is much easier to sell or trade in a barter economy than gold or other metals. If you do go further, stick with…[Read more]

This is intriguing although more than I can absorb.  But I’ve been wondering about metals – the rest of the market seems like hocus-pocus.

I happen to know some back story about the first spike – it was artificial.  The Hunt brothers (sons of an oil baron) tried to secretly corner the market, and got busted.  I’m not sure whether what they were d…[Read more]

@thouartthat  Ya, been there and done that.  Still living on a pretty small budget but finally able to start seriously working on (very small-time) investing. Hang in there!

@glinda Understood.  It’s just a starting point for discussion on the broader issue: How do we, who mostly dislike capitalism and corporations, nevertheless avoid being completely left out of the opportunity to keep what little money we can manage to save from being eroded by inflation, and share in some of the benefits of a system we are cu…[Read more]

@flyingsquirrel

Hi fs,

All well and good.  Does not help those with no money to invest.  Unemployed now 38 months and living on a shoestring.  Homelessness, next stop.

TAT