Gold, Real Estate, or Cash

[mamboni]

I'm not saying to hold cash since I have a lot of faith in the US Dollar (I don't), I'm saying to do it since people in the Gold/Silver community irresponsibly look it over in too many cases.

The collapse may not be where one day where the US Dollar no longer buys you things. There is VERY LITTLE physical cash stored in banks. If only a tiny fraction of people tried to cash out and get physical cash there wouldn't be anymore to get!

What may happen is you'll have disruptions. ATMs/Credit Cards may not work lets say. In that scenario most people/merchants will not accept Silver, or frankly know WTF to do with it. You should have several thousands of physical dollars on hand to allow you and your household to be able to take care of expenses in the interim. Another good thing about cash is you can buy a lot of stuff like ammo anonymously with it.

Most people DO NOT know WTF Silver's value is and THEY DON'T CARE!

Holy smokes, this video is both terrifying and exciting. The general ignorance of silver and money is astounding; and yet over the last 10 years gold and silver have outperformed all other investments, even with this general apathy and underinvestment. So what's exciting is to imagine what the price of silver will do when these idiots get slapped out of their stupor by the coming inflation. They'll all start running to silver...after it passes $100, guaranteed.

[Son-of-Liberty]

Well. If you will be with parents for a year that is a good thing. I would try to compensate your parents somehow even if they try to turn it down. I borrowed $10,000 from my mom one time and paid it back 2 years later. She didn't want any interest but I just wrote up a check for $11,000 and gave it to her.

During this time maybe put 1/2 into PM's and half cash. Being too heavy PM's could screw you if they do not perform as you expect.

I would also stock up on food. Copy canning and rotating is a good place to start. It is a very good investment because long shelf life foods will continue to get more expensive and you will end up saving money and having a stockpile. Once you have a 3-6 month supply you can wait for sales or coupons to load up on what you eat on a regular basis.

I like the apartment idea but would move out of Chicago if possible. Moving to a more pro-liberty state should be a priority.

Another option would be a rural acreage where you can do some gardening and get some grazing animals to provide some of your food. The land doesn't need to be in the hicks, could be driving distance to work but get out of the suburbs unless you go with the apartment.

[zap]

OptionT,

I would like to apologize to you for my rude comments on this thread directed at you, I could give a big speww about this or that, but all in all it was just mean and nasty and uncalled for.

You seem to be a nice young man and I am sorry.

[optionT]

Its ok zap, apology accepted and no hard feeling.

Wish you all the best!