Three Noteworthy Sectors: Gold, Food and Healthcare [View article]
Wow...Some really un-knowing facts being given here. 1st... there is not enough Gold in the entire world to act as a backup to any one currency (the gold standard is a dead concept) 2nd... This is NOT the time to be buying Gold or Silver. The time to have been buying was 3-5 years ago. NOW is the time to be selling to the suckers that are running in fear of world financial collapse. 3rd... If you are really worried about the financial world coming to an end, I would suggest you buy several truck loads of Campbell's Soup. When everyone is starving you can trade soup for their real property... try trading a gold bar to a starving man. 4th... There is simply no way to anticipate what the Gov and Lawyers will end up doing to our Health care system...but you can always shoot in among the flying ducks in hope of hitting one. Good Luck. 5th.. The only really safe play for people during these hard times are in the Food sector. 6th... Why has no one mentioned Electric Utilities or Coal company stocks. The other item that is used and needed by everyone...even those without jobs... is electricity and most plants are coal fired...just my take and where I am currently putting most of my investments. Howard
Three Noteworthy Sectors: Gold, Food and Healthcare [View article]
2nd... This is NOT the time to be buying Gold or Silver. The time to have been buying was 3-5 years ago. NOW is the time to be selling to the suckers that are running in fear of world financial collapse.
3rd... If you are really worried about the financial world coming to an end, I would suggest you buy several truck loads of Campbell's Soup. When everyone is starving you can trade soup for their real property... try trading a gold bar to a starving man.
4th... There is simply no way to anticipate what the Gov and Lawyers will end up doing to our Health care system...but you can always shoot in among the flying ducks in hope of hitting one. Good Luck.
5th.. The only really safe play for people during these hard times are in the Food sector.
6th... Why has no one mentioned Electric Utilities or Coal company stocks. The other item that is used and needed by everyone...even those without jobs... is electricity and most plants are coal fired...just my take and where I am currently putting most of my investments.
Howard