Gold Is Moving, Treasury Bubble Bursting [View article]
I would also add that "lead and brass" (ahem, if you know what I mean) are also not mere barbaric commodities but essential checks and balances in the political machinery.
Also, there is the threat that if things really go down the tubes (which is a miniscule but real possibility), the US government can just seize the GLD hoard(s). Yoink! "Thanks, GLD Trust, for keeping this metal for us, we'll be taking care of it from here on out, don't let the vault door hit you on the way out."
I'm not sure but I would say SLV (silver) has been a better play than gold since the beginning of the year. It was at ~10/oz. for awhile, but then it is up ~30% since the the beginning of the year. Maybe better owning a little of both gold and silver.
Railroads Are Getting Cheaper (vs. Gold and Silver, at Any Rate) [View article]
If I did my math right, you say to buy real estate when it is worth $12,000 (~at current silver price). Did I miss a zero somewhere, or is it at 10,000oz. silver? Or is it in value/area? If it is 1000oz per house, that is a ridiculously cheap house, or silver is ridiculously undervalued.
Gold Is Moving, Treasury Bubble Bursting [View article]
1100 Tonnes Now in the GLD Trust [View article]
Major Investors Piling into Gold [View article]
Railroads Are Getting Cheaper (vs. Gold and Silver, at Any Rate) [View article]