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keshbach1
Reged: 08/26/05
Posts: 1303
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Re: I'm sober now. Gulp.
04/08/11 08:32 PM


> I heard a financial consultant being interviewed.
>
> First he said "#1, pay off all your debt, house included if you have one, before you
> do anything else with your money."
>
> Then the panel pushed him for advise where to invest their money.
>
> "Invest? Don't invest. Protect." His advice... there are no smart investments right
> now... the impending currency collapse and the hyper-inflation it will cause will
> decimate any CD, stock, bond, treasury, mutual fund, or even money in your mattress.
> His advice... even at todays inflated prices... start moving all your financial
> assets into hard assets like precious metals and agricultural commodities. Nothing
> else will retain its value during hyperinflation except things with inherent
> intrinsic value. "You're not trying to grow your portfolio, you need to be trying to
> protect it from devaluation."
>
> WOW.
>
> More and more, this is the mantra of advisers. A year ago, it was just the radical
> "crackpots", nowadays, it's mainstream advice.

Have you been to this site yet?

http://www.collapsenet.com/



Kevin Eshbach







Entire thread
Subject Posted by Posted on
* I'm sober now. Gulp. GatKong 04/08/11 01:24 AM
. * Re: I'm sober now. Gulp. keshbach1  04/08/11 08:32 PM
. * Re: I'm sober now. Gulp. Tomu Breidah  04/08/11 07:46 AM
. * Re: I'm sober now. Gulp. krick  04/08/11 05:38 AM
. * Re: I'm sober now. Gulp. Vas Crabb  04/10/11 05:51 AM
. * Re: I'm sober now. Gulp. Moose  04/10/11 01:20 AM
. * EVERYBODY PANIC!!! igamabob  04/08/11 04:19 AM

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