Author Topic: The 5 Gs (Read 2587 times)

Marlelar · « **Reply #5 on:** April 25, 2014, 05:40:38 PM »

Quote from: Dolores

As a medium of exchange after a true "collapse," gold will pretty much be worth the same as dollars.

Gold has always had its value. Think Egyptian Empire, Greek Empire, Roman Empire...

True you can't eat it but it has stood the test of time as a medium of exchange. Silver too, although to a lesser extent.

Would I put all my money into metals? No, but diversification is the key. If I had to choose I'd choose the gun over gold but once all the essentials are taken care of I would buy metals.

For me it would be: 1) God, 2) Grains, 3) Guns, 4) Ground, 5) Gold

Unfortunately I don't see "ground" ever being possible for me due to family issues so I have to settle for the other 4.

One piece of advice if you're YOUNG - start saving up for a land purchase as soon as you start earning money so when you are able you already have a nest egg to put towards its purchase.

Marsha

holysoulsacademy · « **Reply #6 on:** April 30, 2014, 02:48:12 AM »

Quote from: Marlelar

Quote from: Dolores
As a medium of exchange after a true "collapse," gold will pretty much be worth the same as dollars.

Gold has always had its value. Think Egyptian Empire, Greek Empire, Roman Empire...

True you can't eat it but it has stood the test of time as a medium of exchange. Silver too, although to a lesser extent.

Would I put all my money into metals? No, but diversification is the key. If I had to choose I'd choose the gun over gold but once all the essentials are taken care of I would buy metals.

For me it would be: 1) God, 2) Grains, 3) Guns, 4) Ground, 5) Gold

Unfortunately I don't see "ground" ever being possible for me due to family issues so I have to settle for the other 4.

One piece of advice if you're YOUNG - start saving up for a land purchase as soon as you start earning money so when you are able you already have a nest egg to put towards its purchase.

Marsha

And make sure when you purchase it you actually own the land and not just the right to build and/or profit from it. Laws vary all over the country.

poche · « **Reply #7 on:** April 30, 2014, 04:35:39 AM »

Funny you should be talking about this;

In a speech this month, Federal Reserve Bank of Dallas President Richard Fisher called water scarcity the state's biggest potential threat. He recommended that the state issue a 100-year bond to tackle its long-term water needs, telling an Austin audience, "You need to solve this problem now."

http://finance.yahoo.com/news/boom-time-in-texas--jobs--traffic--water-worries-143250407.html

This reminded me of when Roy Barnes was running for governor of Georgia. He was at a debate when a reporter asked him about his plans for water management. He said, "Son, this state gets 52 ibnches of rainfall a year."

CathInfo.com

Author Topic: The 5 Gs (Read 2587 times)

Marlelar

The 5 Gs

holysoulsacademy

The 5 Gs

poche

The 5 Gs