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Old 06-18-2009   #28 (permalink)
Disposable Heart
Generation X's Moonchild Extraordinaire!
 
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Join Date: Apr 2008
Location: Occupied Protectorate of Avon
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I am not a fan of buying gold or silver, particularly right now. In bad economic times (like right now), silver and gold prices go up. Getting into the market now is just like trying to get an AR during the scare. You will overpay and does little good if prices go down (trying to get one's investment back).

BUT! In a SHTF environment, who knows? Gold and silver may be a good "strategic" investment, but a short term (food, ammo, shelter) investment, there are better ones. But if a system of trade and barter is established after a crash, then and only then would silver or gold be good (requires an economic system to function or have worth).

My two cents (only copper! ).
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