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You make a good point. Self-sufficiency is a good thing in any crisis. Help yourself first. then, see what you can do for others.
I agree with your assessment of the need for lead. Last year, I wrote extensively on this very subject here on ATS. We are facing a period in our history that could result in a lot of social chaos. We're not as "hearty" as we used to be. A modern "Depression" would hit much harder than it did in the 1930's.
A friend of mine says that our local assay company is selling a great deal of gold and silver. What would you make of this?
I'm a fan of the quarter ounce coin. I do agree that it might be a good thing to have at least one month's worth of operating capital on hand as gold or silver. Having that much cash on hand makes sense, too. I can only suggest that we keep an eye on the dollar and consider these hoarding options as a last resort.
I note with some interest that the price of oil is now less than $120 per barrell. the Bush administration is in a position to take some credit for this, but they're not doing it.
J/O: New regulations are necessary . . you don't have to be a Republican to see that . . the current administration and Congress is paralyzed... [unable] to do anything of real merit. In much the same way that a clean up was necessary after the 1929 crash, we will need a clean up after this oil bubble has burst.
X11: I wouldn't get to excited just yet. The market for Oil will bottom out just like housing market that time isn’t here just yet.
Originally posted by Critical_Mass
Have you ever thought of investing your money into something more secure like gold? In my opinion it is and has been the way to go.