If you predict something long enough it may come true. The end of the world has been predicted for about 2000 years. The last time was going to be the millineum (was it year 2000 or 2001?). Right now the world would stop if the US dollar became worthless. Just look at the recent recession. I'm not against owning some silver or gold but if the dollar goes to zero, it better be in a spendable form and you better have it in your back yard. I'm not sure even that will be of much use. Why not just buy a lot of freeze dried food and keep it in the basement. You can also trade food as well as eat it. Coins may be of use for a few other things. Of course life may not be worth living anyway.
Value Investing: Going for the Gold (and Silver) [View article]
Entrepreneurs in micro cap companies are exciting. They often have superior products but get little or no publicity. Investors in these companies are much like them in spirit. They are willing to take a risk that they will be successful. I own the following stocks which I believe have great futures: NNVC, AXVC, TTEG, QCPI, QTWW, HEV, XSNX and more. I invest in their future, not trade. I think the author is correct about gold and silver and also own some juniors in this area.
I suggest that if you have the spirit and patients, you read about these companies. They are very dedicated people.
But we either have a future or not. If we do, some of these small companies will be a big part of it.
Silver Unmasked [View article]
Right now the world would stop if the US dollar became worthless. Just look at the recent recession. I'm not against owning some silver or gold but if the dollar goes to zero, it better be in a spendable form and you better have it in your back yard. I'm not sure even that will be of much use. Why not just buy a lot of freeze dried food and keep it in the basement. You can also trade food as well as eat it. Coins may be of use for a few other things. Of course life may not be worth living anyway.
Value Investing: Going for the Gold (and Silver) [View article]
I suggest that if you have the spirit and patients, you read about these companies. They are very dedicated people.
But we either have a future or not. If we do, some of these small companies will be a big part of it.