Investment advice

Posted on October 28, 2008 5:00 am

A friend of mine mentioned yesterday that he’s investing in gold.

He seems to think the whole world economy has only begun to go to hell in a handbasket. He thinks the worst is yet to come.

Because he thinks Obama will win the election.

And Obama might.

Yes, my friend is right: If Obama wins, things will only get worse.

And perhaps my friend has the right idea: invest in metals.

Only, I don’t think I’m going to invest in gold.

I’m thinking steel, brass, and lead.

steel, brass, and lead

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27 Responses to “Investment advice”

  1. Peeps says:

    I have serious plans to get another couple of shotguns and start stockpiling ammunition for every pistol and long gun in the house. I may not need it. But I would much rather have it around.

  2. Josh says:

    Yeah, gold is for anti-Semitic Ron Paul nutjobs

  3. Edward says:

    As long as I have plenty of Ammo, food, and a secure place to sleep, sooner or later I’ll have all your friends gold too!

  4. I'm with Stuppid says:

    What’s wrong with gold?

  5. ussjimmycarter says:

    I started buying gold a couple years ago at 400 an ounce. It’s worked out ok for me and I continue to buy…

  6. George guy says:

    Nothing’s wrong with gold. It’s shiny!

    Although rhodium is a good bit more valuable.

  7. KarlJ says:

    You’re all just a bunch of ignorant honkeys clinging to your religion and guns….

    And to say different is racist!

    Thank you,
    The Obama Campaign

  8. Socrates H. Muhammed says:

    Racist!

    Ads by Google: “Diversify your portfolio. Invest in gold bullion with Blanchard & Co”

  9. dick says:

    I have 10K of 5.56fmj. Ya think that’s enough?

  10. Hermitian says:

    You would do better investing in land, tools, food, fuel… anything to help you live more independently.

  11. Kent says:

    My goal by age 65 is to have a cabin somewhere with a greenhouse, pond, and solar/wind array, and enough land to grow crops for ethanol. This is made a doubly good idea based on where the economy and culture are going over the next couple decades, but the key, core reason is that even if NOTHING goes wrong for 40+ years (HA!), I’d like to live somewhere that could be sustained regardless of fuel, power, water, food, or rent costs. If I manage to put all that in a red state with a moderate climate, the one remaining cost (taxes) may not be as bad as well. If I’m 65 when it’s ready and I get materials that last 20 years, that ought to about cover it. The only loose thread is medication, so I try to live healthy now so I need as little as possible then.

  12. D-Rock says:

    I’m with you Kent. The way I see it, if the world ends tomorrow, Iowa farmers would be the last ones to know. And they would be fine.

  13. Mateo R says:

    Should I be stocking up on amo? It’s possibly about to get ugly here.

  14. ELKnight says:

    Obama administration + Aging babyboomers + nationalized medicine = Invest in funeral services

  15. Idaho Spud says:

    ELKnight: You won’t need funeral service. Obama and Billl Ayers will be providing group crematoriums. It will take too long to get rid of 25 million bodies. The three precious metals are Gold, Silver and Lead, mostly lead.

  16. Kent says:

    Does anyone else think it’s deeply f**king sick that our election is between a man tortured for five years by communists and someone who spent his whole life learning from them, and the latter is ahead in the poles?

    If McCain can live with being tortured by communists for five years, there is hope the rest of us will survive four.

    ELKnight – brilliant, accurate, terrible. Don’t think it hasn’t crossed my mind. Why do you think I have no plan for living past 85?

  17. Herpules says:

    I’m investing in tin cups and pencils to offset my wealth redistribution.

  18. Jimmy says:

    I’m growing beets, carrots, potatoes, peas, spinach, lettuce, etc., and am starting The International Vegetable Bank. Deposits are in vegetables, loans are in vegetables. The unit of exchange is the potato with a table of conversions (equivalences). Right now, the interest rate is one potato per ten per year – or zero depending on if I eat your deposit or not, in which case your account gets wrapped in paper and sold to neighbors and you’ll need some government to bail you out.

  19. I'm with Stuppid says:

    The problem with investing in land is that the guvmint can take it from you, but you can hide gold and wait for the gesta… the guvmint to change.

  20. ILoveMyFreedoms says:

    I’m investing in black and dark-blue canvas-like material and industrial sewing machines.

    Don’t you agree that American women would look lovely in burqas?

  21. Mary Sunshine says:

    I have a nice stockpile of guns, ammo, and Ritz crackers. I should be fine.

  22. Hermitian says:

    Mateo R has an interesting problem. Mateo, having grown up in a medium-sized, liberal city, here’s what you need to do. Start charting (counting) Obama zombies (Democrats). If the rate approaches 10 per hour on any street corner, you need more ammo. Fortunately, I now live in the sticks and can get by with very little while I refurbish my tank.

  23. RightWingKiller says:

    Own some gold, but make it stuff like the old South African Kugerrands.
    I am buyning metals, especially in the form of hi-cap 30 & 40 rd magazines. You should have 20-30 per weapon.
    10K rounds per weapon is the suggested stockpile.
    That is for magazine fed weapons, higher for belt fed of course.
    I am looking for an NFA legal M60 and will trade an NFA legal M1919A4 with mnt and an NFA legal TWR M14. All State and federal transfer laws must be followed!
    FA weapons are GREAT investments!

  24. I'm with Stuppid says:

    I know!
    I’ll get a golden gun that shoots silver bullets. That way I can kill two birds with one stone.

    PS – bird is a code word for hippie.

  25. Goldwater Disciple says:

    I’m investing with Basil.

  26. roamingfirehydrant says:

    I read somewhere that gun and ammo sales are up 8 to 10%. There were a lot of shoppers at both Gander Mountain and the pawn shops last Friday.

  27. George says:

    Most of the people around here have been investing in lead futures for some time now.

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