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abitare (99.26)

Gerald Celente gold to $2000. Unemployment to 25%. Max Keiser calls for Revolution

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April 27, 2009 – Comments (5) | RELATED TICKERS: SWHC , RGR , OLN

NOTE: I am still long the gun and ammo makers. Get your ammo first, that is the shortage/panic. There are still pleny of guns around at reasonable prices. Guns are for self defense, sport and hunting. Get physical gold if you can. Silver, copper are okay, etc...are better then nothing. The reason I say copper, is the rumor of China wanting to move to a copper standard. I have NO idea the validity of the rumor. Also ammo typically uses BRASS casings, which have intrinsic value, unlike paper. Yes, ammo is one of the best performing asset classes in America. Yes, ammo can be used for trade. Yes, you should have a safe. (Gun nuts can speak here as to what you are seeing)

If you are going to buy stocks, commodity producers only. They should be in countries, that will not nationialize them and have low/managable debt. Whether commodity stocks are better then cash, I cannot say. At some point, yes...not yet, IMHO.

Not shown on US TV

Max Keiser - France 24 Debate (clip) - A New Revolution in France?

Celente on RT.

5 Comments – Post Your Own

#1) On April 27, 2009 at 9:02 AM, abitare (99.26) wrote:

I know some Fools go crazy for the Mad Max scenerio. So here we go, Mad Max shows you the value of commodities and ammo here:

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#2) On April 27, 2009 at 11:39 AM, EHoyle80 (< 20) wrote:

Think of mining stock as an investment and physical gold as a safe haven, the Stock Research Portal says. He recounts, “As one of my friends who inherited significant wealth said to me one day: ‘I have always owned the amount of physical gold that would enable me to continue my lifestyle and give me a base from which to rebuild my wealth if I lost everything else I own.’”

Via Stock Research Portal

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#3) On April 27, 2009 at 11:47 AM, abitare (99.26) wrote:

 EHoyle80,

"Think of mining stock as an investment and physical gold as a safe haven"

I can support this normally, but these are not normal times. Nation states, local and state governments are broke. Many will be nationializing companies, making the stocks worth less or worthless.

I like physical gold as an investment class and asset. I like ammo, as a good gold substitute, if you can get it.

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#4) On April 27, 2009 at 3:54 PM, OctoStalin (43.21) wrote:

Abitare have you considered agriculture? It's just as safe and people like Jim Rodgers and Soros are long on it.

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#5) On April 27, 2009 at 4:11 PM, lquadland10 (< 20) wrote:

Question. If China is buying gold. The world bank and the G 20 selling gold what will that do to the value of gold.

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