NOW or NEVER! WHAT TO INVEST IN!! Please Contribute!

While the value of gold remains relatively static, the price (relative to our currency) is set to skyrocket due to current economic circumstances. In the past, rate hikes would strengthen the dollar and put gold and silver at bay. This crucial option is not available to Heir Fed. If they raise interest rates, Wall Street and the housing market is toast, along with about 80 million Americans...and the rest would soon follow in suit. In other words, aside from some brief moments where large financial institutions are selling gold and silver to cover their losses (as in right now), gold and silver are unleashed and targeting the moon. Cut back on spending and find a local dealer that will sell to you cash for silver, with no tax. Or buy online...but buy it up as much as possible because it is going up. The manipulators have had their day and it has come and gone.

http://www.safehaven.com/...

Another sure thing is commodities related to food. Mainly staples such as corn, wheat, maize etc. etc. The globe is currently at 12 weeks world food supply. This is an all-time low and is a sword-of-Demacle for mankind, and a major opportunity for those who see the crisis looming.

Just a couple of simple thoughts. In the next few days you will see many confident traders evaporate into oblivion as the reality of our situation sets in. If you must trade stock, trade in goods which people cannot live life without. This is the direction we are going.

an Ausrtralian Passport.
Absolutely Golden!

You are asking some questions that can cover a broad subject. If I was 26 again I would probably want somebody to suggests reading every book that I could on finances, stock market, commodities, index, etc. you get my drift. Learn as much as you can about the financial world. Then once you think you have it all figured out, then you must decide, what type of investor am I. I know that this might sound strange but you have to know yourself to be able to make it in the markets. You must overcome fear, greed, hope and you must have discipline. These are all human emotions and are very hard to overcome when investing in today's markets. I have been trading since 1993 to present. Am I rich?...no Does it pay the bills?...yes. So I must be doing something right.

Your question: "If the consensus IS to invest in Gold and Silver, how would one go about doing that? Where do you buy from and how does that all work?"

You can do this by opening up a stock account such as with Ameritrade. (Just to name one.) You really don't want to take physical control of the commodity of gold or silver. It becomes difficult to liquidate. But you can invest in both these commodities without too much risk by following the links below.
http://finance.yahoo.com/...
http://finance.yahoo.com/...

These are basically two stocks or trust that correlate directly with the price of these commodities without taking physical control of the metals.

Even though the markets may be in turmoil any investor needs to ask himself what will be needed on a continuous basis? Utilities stocks! these are also known as blue-chip stocks. People still need utilities such as water and electrical services. This type of stock normally will not move very much but it pays in dividends which are reinvested back into the stock.

From your posting you indicate a bias of what to buy. With the stock market making a correction, which is typical in any market, a person could purchase put options as a protection against any long positions.
I will not go into this in great detail because I can write several pages on such a subject and talk about it all night long.

But keep in mind and think about what people might need or necessities that are needed than relate those needs to the market. Those are the stocks you want to take a look at.

good luck.

Economics is a huge part of the Ron Paul Campaign....I disagree with 95% of the posters here at DP when we discuss BUYING GOLD!

I think it is too late to buy gold.

This is important...I understand the arguments between Inflation and DEflation....I think we have moved from the former to the latter.

I do not want to fight.I want my fellow RP supporters to be solvent.

I just happen to believe that gold has topped out.I do not believe the $ will become worthless compared to foreign currencies.

I understand that I AM NOT the sharpest knife in the drawer,but I can watch what the smarter ones are doing.

There are maybe 5 or6 people here that agree with what I`m saying,...

I am not rich enough to buy gold so I invested in crystal chandeliers for my house. They cost between $700 and $1000 each and are genuine crystal, they make rainbow sparkles and so now I can sleep at night knowing that my kids will have SOMETHING when I die. Crystal chandeliers only increase in value from what I understand. Also, since I bought my first ones over a year ago I never had to change a lightbulb! So they seem to be very energy efficient.

My family did not want to ask for help but it is urgent fellow Ron Paulers. I lost my job this month and it is our sole income. We are very scared as we do not have anything in savings and have been living on credit cards but they are now maxed out. We are hurting and need to get back on our feet and prepare for the hard times ahead. If anyone wants to help out our family we would be ever grateful, just enough to get by for the next month or so while I find work. We love Ron Paul so much we promise to give 10% of what we receive to Paul, even though we have donated in the past, because he is all that matters now for America. We are only one small family and he can help so many other families in the crisis that is surely coming.

Please contact me if you would like to help us. I feel ashamed asking for help but without any I don't know how we are going to make it. Hope you can help! Thank you for your time.

I wanted to invest in gold & silver and didn't know how - I found www.kitco.com they have Pool Accounts where you can buy any amount at anytime,and they keep it in a pool account or you can have it placed in a bank vault or sent to you . I can log in each day and watch the money grow. They do not report sales transactions to the IRS.
______________________________
Viva La R[3VO_I]UTION!

If you want good advice that you can follow regardless of whether Dr. Paul does anything or not - here it goes. Stright out of the Robin Hood Reader, which you'd read if you were serious ("An Enemy of the State"). Rates are artificially low now - which we all know. BORROW EVERY PENNY YOU CAN - and invest in real estate, specifically duplexes, triplexes etc. You can get a 90% loan now for 6.5% at aimloan.com (I don't work there). A three bedroom duplex cash flows at $1900 a month and mortgages for $1500. When stagflation hits it will cashflow MUCH higher. Once you're rich, will you still give it all up to elect Ron? I will.

Good post, We really need Ron Paul now!!!

I have friends that are a middle class couple with very modest savings and no investments but have decent jobs. I've been feeding them links on RPs position on sound money and on the collapse of the dollar.

Since he doesn't have much savings he wouldn't be able to buy much gold or silver. However he has excellent credit and he asked me today if I thought that he should take a big loan out and buy gold with most of it and keep enough in savings to make payments on the loan for x number of months and sell gold now and then as needed to make the payments on the loan.

I'm not knowledgable enough to answer him. He's counting on the gold increasing in value sufficiently to counter balance the interest he would pay on the loan and the decrease in the value of the dollar.

What would be the pros and cons of this? Anybody know?

Yeah buddy>>>>>>>>>>>>>>>>>>

Tim
Active/Reserves/Retired
Join the
Military for Ron Paul meet-up Group
http://ronpaul.meetup.com...

There is no EASY answer - takes time to read and study what is right for you. Wealth comes in so many forms, not always moneyl

Don't panic, if you are out of the stock market, that is GREAT. It's the same as gambling and do you want to gamble on your retirement?

Books (can get many on cd)

All books written by Robert Kiyosaki, starting with...
RichDad/PoorDad
Retire Young/Retire Rich

All books written by Napoleon Hill, beginning with, THINK AND GROW RICH

KILLING SACRED COWS by Garret Gunderson & Steven Palmer
(killingsacredcows.com)

THE PRIMER by Rick Koerber
(freecapitalist.com) listen to his radio shows also, live or archived

Watch the movie "The Secret". (thesecret.tv)

Lifetime Economic Acceleration Process (L.E.A.P)
(leapsystems.com)

Any books by Ayn Rand, ATLAS SHRUGGED & THE FOUNTAINHEAD

PAY YOURSELF FIRST (before any bills are paid)
I have two savings accounts, one saving for "stuff", the other is my
WCA (wealth contribution account)

15-20% in WCA I put at least 15% of pay here instead of 401k and use these funds only to make money. When $ is made, put back in here. It's called UTILIZATION instead of accumulation. YOU use your same $ over and over - you control it - not the crooked stock market

10% in Regular savings is for "stuff" like new tires, ref., stove, vacation, emergency expenditures.

10% for religious offerings or charity (the more you give, the more you get back)

One last thing, there is no such thing as luck, good or bad.

"You are a living magnet. What you attract into your life is in harmony with your dominant thoughts. Brian Tracy
"Wealth is the product of man's capacity to think". Ayn Rand
"What the mind can conceive, and believe, it can achieve." Napoleon Hill
"Success and failure are largely part of HABIT!" Hill
"TRAIN the brain to believe." Hill

Although this is a worthy topic, it would do better elsewhere. I have to say for all here the ONLY thing to invest in is RON PAUL for President! Your savings will be worthless without his reforms.

I can't tell you how much to put into gold and silver; but here are some things you might want to consider before you do anything with your money. The most important thing that I want to tell you is not to panic. It is clear from your message that you are starting to feel the economic pressure. You need to remember that panic is suicide when you consider investing and finances. Take a step back from listening to the financial advisors on the networks. They create herd mentalities and you, and your family will be no better off from listening to their advice.

In the short term, I would suggest the following:
1. The first, and most important thing is to get out of debt. If you have any credit card or car loan debt, pay it off as soon as possible. If you bought a house with an adjustable rate mortgage, switch over to a fixed rate mortgage. Whatever debt you have, pay it off. After you have paid off your debt, cut up your credit cards. Only buy things that you can afford with currency that you have.

2. After you have gotten out of debt, consider saving around 10% of what you make. Instead of putting all your savings into debt vehicles that bear interest like a savings or money market account, put a percentage--whatever you feel comfortable with--into silver coins like the U.S. Silver Eagle. Each silver eagle is a $1.00 denominated coin, and is one ounce of fine (pure) silver. Keep these somewhere safe at your house, not at a bank. If there is a complete devaluation of the Federal Reserve Notes (U.S. dollars), these will serve as a store of value; i.e. they won't go down in price. You can buy these from coin shops and online coin dealers, they should cost you less than $20.00 each. Don't consider holding gold and/or silver as speculative assets, instead, consider them as insurance against inflation--they will hold their value no matter how much worthless currency and credit the banks may issue.

4. After you have some physical silver, start doing research into how to invest in gold and silver. I'm not going to go into the specifics here, but the World Gold Council has some good information on gold investing.

3. Now, instead of me telling you when you should sell, I'm going to provide you with a few things to educate you about the current financial system we are subjected to. First, go to google video and watch "Money as Debt". Watch it as many times as it takes to understand it. After this, try to find the video the "Money Masters." It is a 3 hour long documentary explaining the history of money and finance. After watching, and understanding these videos, google the terms "Austrian Economics" and "Kondratieff Winter." Reading material on these subjects, especially the later, will help you understand what is about to take place in the near future with the U.S. economy.

I would suggest as a daily reading material www.dailyreckoning.com. Their writers are well versed on the things I've previously mentioned. In fact, Dr. Paul is a guest writer for their site from time to time. Finally, you can get more information about gold from the World Gold Council, and kitco.com.

I know this is a lot to take in; but once you get it figured out, it will be worth it. You will then be armed with the knowledge you need to make your own financial decisions without the need of an "advisor." You will know when to enter and exit markets because you will be able to see through the game.

Hope this helps, and good luck.

First take care of the basic things you would need to survive an extended period of economic turmoil, unemployment, emergencies, high crime rates, etc..
Every American should do this!
Buy storable foods, especially things with a long shelf life! Beans and rice are fine, but make sure you have a variety of things that you can enjoy eating. Freeze dried foods are a good way to go!
Don't forget water storage!

Then buy guns and lots of ammo.

These are called commodities/collections and have a reasonable retention of value. I personally feel it makes sense to take care of survival basics before looking at the market.

Thank you for donating today! I donated $100 which is far less than I've donated in the past but money is tight right now. I've almost maxed out anyway.

You're too late to enjoy the gains gold has made over the past months. If you are heavily leveraged in stocks, just ride it out. No sense in panicking like a fool.

Convert it all to gold, then buy a gun, ammunition, and beans and rice.

Check out Market Ticker by denninger...i do not Know how to post a link.

I cannot give any advice...I own QID and DUG....I believe inflation is OVER,the next leg is DEFLATION....

SELL gold and silver IMO...

I am a minority on DP

There are several online bullion dealers you can order from but it's cheaper to go to a coin dealer and buy and save the shipping and insurance and hassle. I personally get my prices and have bought from http://www.kitco.com and the north west mint. North West sometimes has better bulk deals but I've found it less convenient. As you'll find on the other forums.... You should buy physical gold/silver and keep a conservative mix of both don't allow someone else to keep your money for you it just doesn't make sense to do that. I don't understand why people are amazed when people loose their retirements to companies like Enron, you give someone your money they're going to take it.

Here's another question to add to yours. I wish I had answers for you but I don't.

I've always been (in my short time as an investor) one to look extremely long term (like forty years down the road), since I only invest in the market for retirement and put the rest of my money in more "secure" (at least what I thought was secure) places. Right now, because I have so many years until I retire, having a recession means shares of my index fund are cheaper and I can buy more, and the market has a long time to stabalize before I cash out. The old "buy low, sell high" mantra. Am I missing any piece of the puzzle here? I've always been excited before when the market was low because I could buy more and when it goes back up I benefit. I'm very good at personal finance, but admit I don't know anything about the broader picture.

So, bottom line: is it good to keep my money in the market if I won't need it for forty years anyway?

There have already been a few threads on this topic. I believe this is one of the largest ones:

http://www.dailypaul.com/...

You can look at 10% as insurance and 10-20% as investment. 20% I would say is aggressive. Here's the deal if the dollar was to loose 90% of it's value and you had 10% in gold, then that 10% would probably go up by 10x giving you 100% of your portfolio back, that's how the insurance aspect works. On the other hand if you have 20% in gold even if the dollar goes down marginally you make money. So 10% would save you (completely) from a disaster and 20% would make you a profit in a slide. Any more than 20% is not conservative. The saying goes bears make money, bulls make money and pigs get slaughtered and it's true.

Yes, I think you can still buy especially on this pull back. I would buy tomorrow as we are retesting the breaking of the all time high. I think this is the last good buy however; I'm not buying it because I'm in already. I'm hoping it will double one more time, I'm looking to get out at $1700/ounce (maybe a little before that as I know timing is difficult)

You are young. You shouldn't worry about this too much. I'm a firm believer that the Fed will keep us all working at the cost of the dollar. That means you will be in a fantastic position once the inflation stops because you will be making top dollar.

My suggestion. Remain conservative.

That is all I can do. I cashed out my retirement, sold one of my homes, have ZERO debt.

Then I have 90 Days of Food and water.

Then I invested 80% in Gold and Silver 50/50 mix from www.apmex.com

I bought Silver Eagles, Gold Eagles and 90% silver bags. When you take delivery of these they need to be placed in a SUPER safe location. My family has a network, and some hiding places that can NEVER be found. I do not keep the PM's at my house.

You have not missed out on anything. The time is now to get invested. Your savings is photocopied paper. It is worthless. You need to trade your worthless paper for real money which is Gold and Silver.

Then after you buy Gold and Silver...you need to read this article...print it out...and frame it.

http://www.silverstrategi...

Most people will see gold and silver go up...and then they sell?? Why would you EVER trade real money back into pieces of paper?? Think about it. The money you have right now is not real. You have been programmed to think it is worth something. Gold and Silver are real money.

That is my 2 cents. Do your research, but DO SOMETHING now!
Here are some great sites...read and read and read.

www.silveraxis.com
www.goldseek.com
www.safehaven.com
www.gold321.com

read and read and read and read! All night!

BUMPITY BUMPY