Quote:
Originally Posted by robespierre
Buy gold/silver. Not stocks in gold/silver mining companies, or some other shares of funds... but real physical gold/silver and keep it yourself. Hyperinflation is coming.
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Precisely. I'm trying to secure some cash at the moment so I can buy into gold and silver soon before it makes it jump. I think I'll use the current credit situation to my advantage. Take out a $10,000 loan/line of credit from the bank and put it all into precious metals with the expectation of them doubling in price soon. The current dollar value of gold is not a real correlation with the amount of supply that is available, which is to say they are suppressing the value of gold. But they can't do it for much longer because people are starting to clamor for purchasing gold and silver, and finding that there's none available.