Buying this dip?

[cubical]

buy an dip you can.

[Guzabuza]

obviously Mr.Shiff =p

[xFiFtyOnE]

Anyone buying this dip in gold and silver? I really cant understand the investment community.

National debt keeps going up in US, EU, JAPAN - check
Big deficits in US - check
Inflation running well above central banks target - check
Negative real interest in US and EU - check
Banking system still insolvent - check
Nothing has been fixed in EU - check
Japan on the verge of debt implosion - check
Oil well above 100 $ - check
Geopolitical tensions - check

I mean you can go on and on... and sales of gold eagles and silver eagles are like 20 % less then in the same 3 months period in 2011. Wtf are people thinking? Do people really believe the bs that is coming out from CNBC that the economy is improving or what?

I even sold my apartment last month and bought physical gold for all the money i got from the sale. Is it just my paranoia about the possible systemic collapse or is the herd completely complacent about all the dangers that lie ahead?

People are using money on guns and ammo instead of gold and silver now.

Don't get me wrong, gold and silver are great and I own some. But when the SHTF it will be useless in the beginning. Everyone needs to have a plan to survive social disorder, disruptions in the food supply, disruptions in electricity and gas. Everyone needs protection aswell. I think after a few months and all that settles down, that is when your hoarding of PM's will be useful.

[Black Flag]

People are using money on guns and ammo instead of gold and silver now.

Don't get me wrong, gold and silver are great and I own some. But when the SHTF it will be useless in the beginning. Everyone needs to have a plan to suvive social disorder, disruptions in the in the food supply, disruptions in electricity and gas. Everyone needs protection aswell. I think after a few months and all that settles down, that is when your hoarding of PM's will be useful.

Homerun!

Buy now what you would think you would buy with the gold you would have spent in some future disaster, then store it.

If you wait to buy that stuff with your gold during a disaster, you pay through the nose - if it is even possible to buy it then.

Buy it now, while the price is discounted (compared to the disaster price) and while there is inventory.

Only after that, consider the gold/silver buying.

[John F Kennedy III]

You can buy really unbeatable fishing lures for $8. Solid bet. Chickens going for $2 produce many eggs for generations.

Have a little more money, I say you made a wise choice on the Gold and I would be buying the dips on the physical. I'm hesitate on equities.

Only get physical metal.