GM to move all salaried workers to 401K plans

[stockholmer]

38. there IS something you can do,(not political)-make informed investments aimed at wealth preservation

All global fiat currencies are being utterly debased and destroyed right before your eyes. A modest 3.5% rate of annual true inflation (not the bullshite, hedonically adjusted and twisted number the Fed and other central banks spew out these days) will steal HALF your wealth in just 20 years, 75% of it in 40.

Throughout history, every single fiat currency has collapsed in a violent plummet. Every one. This time will be no different.

Even If you were ONLY buying into the teeth of the manic parabolic gold bubble of January/February 1980, you would have been in the black since 2007, if you were buying in 1977, 1978, and the first half of 1979 you were ALWAYS in the black, and if buying in 1982 to 1985 (and almost all of the rest of the 1980's), you were in the black from 2005 onwards. If you had been buying from the end of 1997 up until 2005, you would have seen huge profits of over 300 to 600 percent already, just in gold. Silver is even more dramatic in its rate of return, even with the recent pullbacks from $47/$49 an ounce to $34 an ounce.

Gold has increased by double digits as a percentage gained for the last 11 years in a row. Can you say the same of the NASDAQ? The Dow? The S&P? The US dollar? US Treasuries? The average US IRA? LOL! How about your paycheck? How about the value of the average American house?


I have been long gold AND silver since 1998 and 1999 (in physically-held, allocated non-bank secure vault accounts), when the US trashed the Glass–Steagall Act and legalized derivatives under the Clinton/Rubin/Greenspan troika. I have an average gain of over well over 350%, whilst the Dow is utterly stagnant when measured from from the tech bubble crash of early 2000 till now. In fact, it is off greatly, due to inflation, and many who were crushed in the stock crash of 2008-2009 pulled out, locking in huge losses that they could have somewhat recovered in the QE 1 and QE 2 and soon QE 3 induced bubbles. These bubbles, will, as all bubbles do, come to an end yet again. Check back with me in 3 or 5 years when those 350% figures in PM's are closing in on 1000+% profits.

In 1970, the average US car cost $3900 and took 114 ounces of gold to buy. In 2012, that same car is around $29,000 yet takes less than 17 ounces of gold to buy. Hello dollar debasement!

Also, I play FOREX markets (not for the light-hearted), I have holdings in dividend paying blue chip stocks (especially essential products, energy resources, certain medical/pharma firms (very picky on these, as I try to never invest in unethical companies), have savings accounts in several nations (Mongolia is currently paying 14% rate of return, all backed by the national government) and commodity based sectors as well such as ag and mining), and a global bond portfolio of national, local and state backed utilty and education issues (many of which are tax free zero coupon type), The USA has many great bond offerings, just check with a good reliable investment advisor.

This site has very informative podcasts:

http://www.financialsense.com/financial-sense-newshour

http://www.puplava.com/ The head of Financial Sense's personal investment firm

as does this

http://kingworldnews.com/kingworldnews/Broadcast/Broadcast.html


---------------------------------------------------------------------

storage options for PM's

http://solari.com/articles/Options_for_Storing_Precious_Metals/

This article summarizes some of the better-known custodial, vaulting, and digital gold arrangements available to individual investors in precious metals and provide a list of considerations for those interested in exploring these and other alternatives available to them

--------------------------------------------------------------------------------------

BUYING OPTIONS (for Americans)

Gold Money - (highly recommend, one of the best options, IMHO) http://www.goldmoney.com/?gmrefcode=maxkeiser

http://www.sprottphysicalsilvertrust.com/ Eric Sprott's new trust, (he is the biggest individual silver investor in the world)

http://www.silverwheaton.com/ Silver Wheaton, the metals streaming firm (great business model, they're the biggest in the world) here is great interview with the CEO on Mp3 http://www.financialsense.com/financial-sense-newshour/big-picture/2011/03/05/02/peter-barnes/the-silver-wheaton-success-story-50-dollar-silver

http://www.wholesaledirectmetals.com/

----------------------------------------------------------------------------------------------

other good sites:

http://www.sprottglobal.com/

http://fofoa.blogspot.com/

http://gordontlong.com/

http://www.nakedcapitalism.com/

http://www.chrismartenson.com/

http://socialdemocracy21stcentury.blogspot.com/

http://maxkeiser.com/

http://www.zerohedge.com/

http://www.debtdeflation.com/blogs/

http://globaleconomicanalysis.blogspot.com/

http://www.kitco.com/

http://jessescrossroadscafe.blogspot.com/

http://theautomaticearth.blogspot.com/ Nicole Foss's (who spoke here in Stockholm last year) site

http://solari.com/

http://new.gloomboomdoom.com/portalgbd/homegbd.cfm Marc Faber (Switzerland, global)