Some End-of-Year Advice from JWR: The wise old saying is: “Buy low, and sell high.” I recommend that any SurvivalBlog readers that are still invested too heavily in equities take advantage of the current market rally, and sell most of your stocks and any remaining municipal bonds. Take the proceeds and buy into current dip in silver. Take physical delivery, and keep your investment silver well-hidden, at home. (Preferably in a concealed vault.) Later, as the bull market in precious metals reaches its peak, and as the real estate market bottoms, take your profits from silver and parlay them into additional productive farmland in a lightly-populated region. (The latter two investments would of course be separate from your primary retreat property and your core (barter) holding in silver coins. Neither of those should sold or bartered unless you are desperate.)
Poof! U.S. Retirement Assets Declined by $1.4 Trillion
John B. liked this instructive video segment by conservative commentator Bill Whittle: The Tax The Rich Mentality.
Joe K. sent an article that should be of interest: Mint Needs to Beg, Borrow or ‘Steel’. I hope you are getting your nickels together, because that window of opportunity may soon close.
Items from The Economatrix:
2012 Economic Outlook: Countdown To The End
Beware The Big-Bad Home Sales Revisions
Positive Thoughts About The Economy? Really?