Quote Originally Posted by JohnTRourke View Post
Don't know much about silver or gold, hoping to learn, but.................

If you can't stand over it with a rifle, you don't really own it. I think Cyprus, Argentina, etc all clearly show that. They are going to steal the bank accounts, they are going to steal the retirements.

remember, a deposit in a bank is a loan to that bank. You are not being paid for that risk anymore (seen interest rates lately). Might as well keep it at home in the mattress. Safe Deposit boxes are worthless, the US has already stolen what's in your safe deposit box once (back in the 1930's), they'll do it again.

5000 dollars worth of gold and silver is a lot smaller and easier to move around than 50 $100 bills. Just saying.
Quote Originally Posted by jim View Post
AMMO
Both of these.

Let's say you have $5,000 in the bank, the bank pays 1 quarter of 1 percent (0.0025) on your $5000. The bank loans your $5000 on a house for which they charge the mortgage holder 3.5 percent. Inflation (http://www.usinflationcalculator.com...flation-rates/) was 1.6% in January 2013 so you lost some of your $5000 to inflation and the bank barely made anything on their loan which is why they don't pay you anything on your deposit. The government is strongly (almost forcibly) encouraging banks to make loans to people who either cannot or will not pay that loan back, the government backs those loans with our confiscated tax dollars.

The bank will package those bad loans, then sell those bad loans to Fannie and Freddy (that's us) and we get to pay for it. No wonder the government is holding 17 Trillion in debt, all worthless paper because of the bad loans the government forced the banks into providing. This is called redistribution of wealth. Simply put some welfare fuckstain gets a house and we get to pay for it.

Additionally look at what has happened to the US Dollar, a Euro is valued at $1.32 dollars. The Euro for crying out loud, a currency invented by window licking socialist bed wetters who thought they could join Europe under a common currency. What the hell happened to the dollar?

This financial nightmare must come to an end, I do not know how long they can keep up the charade.



I'll conclude with this: The only assets worth having are those that you can defend with your AR, the house you're sitting in, the car you drive, the firearms, ammunition, metals, medicine, food, and the water you can store.