tag:blogger.com,1999:blog-27697009.post6017066609652256812..comments2024-02-29T03:21:35.007-08:00Comments on The Great Depression of 2006 : Government Retirement Theft in ProgressJim in San Marcoshttp://www.blogger.com/profile/09435296419912935381noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-27697009.post-22829423726332239032019-11-12T18:02:36.574-08:002019-11-12T18:02:36.574-08:00Hi dearieme
You have a house, that is a real asse...Hi dearieme<br /><br />You have a house, that is a real asset not paper money. Gold and silver aren't bad stores of wealth right now. Paper money pays no interest and is subject to inflation. Put about 10 percent of your saving into gold and silver. I consider the Canadian maple leafs, the way to go. They are considered a currency and not quite in the reach of government if they were to try to confiscate gold and silver bullion. 100 gold coins takes up one third of a safety deposit box. Silver is a little bulky, 1000 ounces weight about 63 pounds. So gold and platinum are easier to handle at my age and the bank is convenient.Jim in San Marcoshttps://www.blogger.com/profile/09435296419912935381noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-57208283279867059122019-11-11T07:45:07.388-08:002019-11-11T07:45:07.388-08:00I see headlines in the British papers: the wealthy...I see headlines in the British papers: the wealthy will move their capital abroad to avoid a Corbyn government. No doubt they will, and very wise too. But the papers never explain how non-wealthy people like us can move our money to Switzerland or Singapore, Canada or Australia. Our house and pensions we can't protect but it would be comforting to move at least some of our investments and emergency cash.<br /><br />Mind you, interest rates in Switzerland are 0% or worse, but that's better than 100% confiscation.deariemenoreply@blogger.com