By SD Contributor SRSrocco:
I don’t even care about the paper moves in GOLD & SILVER. There is nothing else to put ones “SURPLUS WEALTH” into other than physical gold and silver. You just have to be smart and save your gold and silver for the up coming BLACK MARKET. That is where its real value will be seen.
If you are buying gold and silver and do not have a paid for home in the country… you are doing so at a risk. If you are buying gold and silver without a 1-2 years worth of food… you are doing so at a risk.
If you have those two fundamental requirements… there is nothing left to buy but gold & silver.
Make sure it is in small denominations and not those 1,000 oz monsters. You can’t trade a 1,000 oz bar of silver. You can trade 1-10 oz more readily.
You will have to hold on to your gold and silver even if there is a confiscation. Even if I knew there was going to be a confiscation… they have to give you something for it. However, only 25% of Americans turned in their gold in 1933.
You just have to be smart and save your gold and silver for the up coming BLACK MARKET. That is where its real value will be seen.
The falling EROI will make living in the large cities and the suburbs very difficult for those with marginal occupations. Living in a small suburb near a farming or ranching community is better than living in a suburb near a large city.
This is what I will be discussing on my site. Hedge Funds buying up large portfolios of Residential & Commercial Real Estate is a HUGE NO-NO. These will turn out to be very bad investments.
The Martin Armstrong’s of the world are making it difficult for investors to stay FOCUSED on buying gold and silver. It doesn’t matter if gold and silver go through a dip for the short term… what matters is the medium to long term.
I will tell you that Martin Armstrong does not know anything about the EROI. He blames the collapse of Rome and now the western economies on Monetary Printing as well as Govt’s doing what they do best.
However, the FALLING EROI is the REAL REASON. It is the fundamental problem in all empires that collapse. Martin does not understand this. Debasement of money and the Political take over of the public by Centralized Govts is a mere symptom of a falling EROI.
I will discuss this in more detail soon.