Millionaire Wellington Burt Should've Bought Gold!

Wellington R. Burt was a lumber baron from Saginaw, MI who died in 1919, leaving a fortune then valued at $90 million dollars. At the time, he was one of the eight richest men in the USA. What makes him even more interesting is that he stipulated in his will that his estate should not be distributed until 21 years after his last grandchild had died!

Recently, a Michigan probate court finally settled his estate, and will divide an estimated $100 million dollars among a dozen of his relatives. Obviously, money like that is a godsend for anyone, but I have to wonder just where his money had been parked that it's value in US Dollars has virtually stood still. Did they throw it all into some low interest passbook savings account?

I like to imagine, however, what would've happened if he'd converted his entire wealth into gold shortly before his death. At $20 per ounce he could have purchased 4.5 million ounces of the shiny, yellow metal! At a price of $1500 an ounce today, his estate would now be worth 6.75 BILLION USD! A substantially larger sum of money for his heirs to split.

Time is running out fast! Hyperinflation seems unavoidable as fiat paper money is being printed as fast as the US presses can run. To protect your wealth and your family, buy gold and silver now from these top companies, APMEX Gold and Silver and Silver American Eagles.

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China Promises Not to "NUKE" the US!

China Promises Not To Use "Nuclear" Option And Buy Gold, Dump US Assets!

China owns $2.45 Trillion US Dollars. That gives them a "nuclear option" of power over the US. If they were to dump these assets all at once buying gold, silver, or other real investments, the US dollar would become virtually worthless overnight! You'd be lucky to get buying power of $0.10 on the dollar. An actual nuclear bomb dropped on a US city would actually do a LOT LESS damage to the US than such an economic move.

How did we let the Chinese get such a stranglehold on our nads?

PS. We can trust the Chinese to be honorable men of their word, right?! :(

"Government is the only agency which can take a useful commodity like paper, slap some ink on it, and make it totally worthless."

Inflation Stole My Houses!

In 1913 the Average House cost $3,400 - a millionaire could buy about 295 average homes.

If you bought gold in 1913 with your million dollars at $20 an ounce you'd have bought 50,000 ounces. The value of the 50,000 ounces today would be about $60 million dollars.

In 2010 the average house cost around $200,000 with gold at $1200 per ounce. With $60 million dollars you could buy about 300 homes!

If you kept the cash in, well, cash... you could buy 5 WHOLE HOMES now! What happened? The government and the Big Bankers stole your money using a sly instrument called INFLATION.

If a man offers you gold or silver and you decide to take green paper instead - then I've got a bridge in Brooklyn for SALE with your name on it!

Time is running out fast! Hyperinflation seems unavoidable as fiat paper money is being printed as fast as the US presses can run. To protect your wealth and your family, buy gold and silver now from these top companies, APMEX Gold and Silver and Silver American Eagles.

Rick

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What Kind of Gold/Silver Should I Buy?

The first thing I want to say is that everyone should have some gold or silver stacked away for the future. Any kind of gold or silver will give you an enormous advantage over the 98% of US citizens that have only paper assets (and no stockpiled survival food/water supplies as well). So, if you own any gold or silver, GOOD FOR YOU! You get the Prepper Seal of Approval! You're light years ahead of the average sheeple who is still blindly plugged into The Matrix. My guess is you're probably the type of person who is reading this blog anyway.

The question asked in the title of this article relates only to the conflict between the Preppers (the intellectual chosen people) as to what types or forms of precious metals are best to have for the uncertain future. We know we need gold and silver, we just want to know whether we should buy Numismatic Collectable Coins, Junk Silver, Silver & Gold Eagles, Foreign Coins, or Rounds and Bars. My infuriatingly simple answer is, IT DEPENDS!

I believe the issue can be broken down into two basic questions:

1. Do you want gold & silver for investment purposes, inflationary and hyperinflationary hedges, or later stage SHTF situations? Unfortunately for the Prepper community, all sizes (and forms of precious metals) do NOT fit all situations.

2. If you want gold & silver for an improving SHTF scenario, which form of precious metals will be most acceptable and therefore more valuable? I believe this questions hinges on the depth and breadth of the evolving knowledge of the newly unplugged Matrix denizens.

In Inflationary periods any of the above gold and silver forms will grant you a defense against the decaying buying power during inflation. Hyperinflationary periods are similarly accepting of all forms of gold and silver, with the only exception being the fact that numismatic coins and values just don't do as well. Coin collecting is a hobby of the rich and the happy middle classes. Hyperinflation makes these classes very unhappy as their wealth evaporates. During this painful period coin collecting is strictly relegated to a low priority, therefore numismatic premiums above precious metal content will suffer.

Bottom Line? During inflation and hyperinflation eBay and coin shops will still exist. You'll be able to exchange your silver and gold in virtually any form fairly easily for currency. You'll also keep up with buying power (or even advance) while paper folks are running around with wheelbarrows overflowing with green fiat paper!

Summary: Inflation - junk silver, gold & silver numismatically valued coins (preferably US - its just easier), Silver & Gold American Eagles, rounds, bars, your grammas silverware, etc. are all good. In Hyperinflation its all good as well, with the exception of numismatic coins.

The next scenario is where things get tough and contentious. SHTF (..it hits the fan) is what most survivalists are referring to when they mention prepping. Society, law and order, and the economy have collapsed. People are starving and perishing for lack of food, water, fuel, medicines etc. So what form of gold and silver are the best in the early stages of collapse? Answer - NONE! People need food and clean water in these initial stages, and they need to defend themselves from marauders. Shiny metals won't supply any of these very basic needs. Preppers who have these INVALUABLE resources will not trade you these necessities for any form of your gold and silver. And the 98% of the population who were completely unprepared for the complete collapse of the world order don't even have enough food for themselves, much less a surplus they can afford to trade away for your junk silver or gold eagles.

Only in the later rebuilding stages of the SHTF situation will gold and silver come into play once more. The question of knowledge of value becomes relevant again as well. Law and order exists once more, at least in the small towns. Economic recovery has begun, and commodity and useful item bartering is a common activity within a 20 mile radius of the newly ordered towns. However, hauling around produce all day to trade to a neighbor for clothing, canned peaches etc., is becoming tiresome. People start waking up to the fact that gold and silver still exist, and can be used once again for trading purposes. So what silver or gold is best to dig out of your stockpile?

I believe the most familiar form of precious metal will be the preferred choice, old 90% silver pre-1965 junk dimes, quarters, half dollars and dollars (war nickels and non-1964 Kennedy halves not included*) will be most useful and readily accepted. Why? Because many people remember that they were once used as currency, and carry the stamp of the old US, the importance of which hasn't totally evaporated yet. Next would come Silver and Gold Eagles. These coins carry a premium due to the stamp on the coin as legal tender with silver content of the Old US. However, people will still need to be educated about just what exactly they are. Most US citizens today do NOT own Eagles, and are not even aware of their existence! They'll be harder to trade at first than the more common junk silver. Lastly, comes the precious metal rounds and bars. Yes, I know they have the same amount of silver as the Eagles, but just who the hell is Sunshine Minting and Johnson Matthey? That's what you're going to have to explain to extremely skeptical (non survival prep) trading partners!

I believe there will still be enough trust in the reputation of the Old US to make US minted coins, 90% junk silver and Eagles, acceptable fairly quickly during the SHTF recovery period. But the privately minted rounds and bars will not have that stamp of approval to rely upon. People will remember that private companies could and did cheat their customers, and that tungsten filled-gold bars did exist. Indeed, even the notion of a private currency will be a hard sell to a NON-PREPPER! Remember, everyone alive today thinks that printing your own money up is called COUNTERFEITING, and is BAD! As a result, I firmly believe that junk silver and ASE's and GSE's are the best ways to go. Believe me, you won't care about the small extra premiums you had to pay during this period of time for the Eagles over comparable rounds. Of course, keep in mind I'm not saying your rounds will be worthless (perish the thought), just a lot more of a pain to move than their US minted alternatives.


Summary: SHTF Recovery Mode - Junk Silver and Gold & Silver Eagles are the only way to fly!

*Note above on 1942-1945 35% silver war nickels and the 40% silver 1965-1970 Kennedy halves. Remember, with non-prepper trading partners you need to keep things simple. They'll understand eventually that all pre-1965 dimes, quarters, halves, and dollars are 90% silver. But please, do not find yourself having to explain these two freaks to non-preppers and non-coin collectors! Yes, I know pound for pound they're cheaper than the 90% coins. My reply? They should be! And please, don't get me started on those so-ugly-even-a-mother-couldn't-love 35% silver "war nickels". I mean, they don't even look like a silver coin! And don't forget to explain to your perplexed trading partners that some of the 1942 nickels weren't made from silver, so you have to look for the big mint mark on the back. Can you say i before e except after c, and sometimes y and w?!Please, give me a break! Refiners like the reputable Midwest Refinery scorn these two silver coins as unacceptable for melting now, and I don't believe anyone else will really want them in the future. Personally, if you have these two turds I recommend you sell them NOW on ebay and buy 90% junk silver ASAP!

Additional Note: I didn't really get into foreign coinage at all. I know there are a lot of stunning Pandas, Kooks, Krugs etc., out there. But notice I didn't even attempt to spell the last two coin names for a very crucial reason. Americans just aren't very knowledgeable about foreign coins and grams and such. We want ounces, and English only please! So, avoid these coins for SHTF instances unless your just a collector who has extra money to play with.

Time is running out fast! Hyperinflation seems unavoidable as fiat paper money is being printed as fast as the US presses can run. To protect your wealth and your family, buy gold and silver now from these top companies, APMEX Gold and Silver and Silver American Eagles.

Rick

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Gold & Silver vs. Guns & Ammo

In the survival prepper community no topic seems to garner more heated debate than the question of whether to buy and stockpile gold or ammo. The gold side argues that investments in precious metals will see you through any crisis and are easy to accumulate and store. The ammo side, on the other hand, heaps scorn upon precious metals with such apparent simplicities as "you can't eat gold". Instead, the ammo folks recommend storing food, water, medical supplies, seeds, land, and other basic physical necessities as the best and only way to properly survival prep.

The reader of this blog may now well be asking themselves which survival supplies I recommend, gold or ammo? My answer is, YES! I do not take sides in the survival prepper war because I see a need for both precious metals and actual survival commodities in the following probable and possible future scenarios:

1. Inflation - has been the bane of our national existence the minute we started using fiat currency (paper money). It is highly likely that inflation will continue and accelerate in the future. Precious metals like gold & silver have been bulwarks against wealth erosion via inflation throughout history. It is likely that these shiny metals will continue to maintain their glow in the future.

2. Hyperinflation - The folly of our deficit spending and expanding fiat money supplies make this economic disaster a legitimate concern for any thinking man or woman. Once again, gold & silver have historically helped its owners to weather such times when the inherent worthlessness of a paper money supply unconnected to gold or silver becomes evident to the entire society. Inflation numbering in the thousands of percents per year can easily result, devouring the buying power of any paper or paper linked securities.

I have not mentioned the ammo side in the last two economic situations, because its value is distinctly inferior to precious metals in these particular cases. During the above inflationary periods basic necessities like food, clothing, shelter etc., are available, with only occasional spotty supply interruptions. The main problem isn't that food doesn't exist on the supermarket shelf, it's just that the prices have increased sharply. Stored gold and silver is easily converted to negotiable currency and will keep pace with either inflation or hyperinflation, maintaining or even possibly increasing commodity buying power. On the other hand, the extensive use of ammo in these situations where basic law and order is still present will only get you shot by the authorities or imprisoned. In addition, gold and silver coins or bars can be easily stored, transported, and sold. Physical supplies, not as much.

3. SHTF and / or TEOTWAWKI - In the case of the end of the world as we know it, precious metals can quickly lose their luster. If millions are starving, lacking basic medical supplies, and law and order has broken down completely, shiny metals will only get you laughed at or more likely killed. Imagine trying to bargain for food or water during the height of the Katrina disaster, with mobs of desperate looters roaming the streets, with only a few gold or silver coins! Starving masses want bread and clean water, not useless pocket change! In addition, for those who believe that a return to such a primitive existence will be permanent, precious metals will likely never be of any use as well.

However, in the course of human history there have been many natural disasters, wars, plagues, economic collapses, but we have always recovered. A return to even a limited law and order society will likely see the return of the gold and silver coins to favor. Why? Because carrying around bales of hay all day long so you can barter them to purchase chickens from a guy who's been touring with clucking fowl is a ROYAL PAIN IN THE ASS! That's why mankind reports the use of gold and silver coins in our earliest records.

I believe we must go back to the old west for some needed guidance and perspective in this precious metals worth question during a SHTF recovery period. A few hundred years ago when trappers traded with the Native Americans in the wilderness, they traded useful items like knives, guns, ammo, food, clothing, liquor etc., for the beaver skins they desired. After all, what would an Indian in the middle of the wilderness have wanted with shiny gold or silver coins? No, it wasn’t until the trader returned to “civilization” that he encountered trading posts willing to exchange silver and gold for beaver skins or other goods. A true SHTF or TEOTWAWKI situation is essentially identical to this old wilderness trading situation. Silver and gold only have value when you have established enough law and order and reestablished enough economic sophistication, that trading stations can be maintained and made profitable without being burned and raided on a regular basis.

No one knows for sure what the future has in store for us. I think a true survival prepper will use whatever resources he has now to provide for some level of protection for all three of the above challenges.

Disclosure Note: I put my money where my mouth is. I have some of all of the above mentioned survival prep metals and commodities.

Time is running out fast! Hyperinflation seems unavoidable as fiat paper money is being printed as fast as the US presses can run. To protect your wealth and your family, buy gold and silver now from these top companies, APMEX Gold and Silver and Silver American Eagles.

Rick

CLICK ADS BELOW FOR FREE DISCOUNT!