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  1. M

    Do you believe PM's can save you in a "doomsday crash"?

    Native title is a scam perpetrated by the Crown: http://www.exfacie.com/?q=guest_post_native_title_exposed Tribes had systems of hereditary land ownership. This was documented by the British in the 19th century. Didn't stop the British from plundering (as did the Bolshies, just in a different...
  2. M

    Do you believe PM's can save you in a "doomsday crash"?

    And what about the black fellas here? The various sovereign tribes have had their land stolen (and poisoned) over the last 200+ years... any chance they'll get their land back?
  3. M

    Do you believe PM's can save you in a "doomsday crash"?

    Tell that to white Zimbabwean farmers over the last few decades. Context matters. It's no point saying 'stack this' or 'hard assets' that when the best option is to get up and leave... then hard assets aren't great unless portable (i.e., gold). @Nugget, I started reading Orlov and Ferfal years...
  4. M

    Do you believe PM's can save you in a "doomsday crash"?

    YES (but it depends). The USSR was once a superpower. When it collapsed people's savings went to zilch. Fortunately many/most people had homes and were able to end up owning them. More recently there have been examples of currency collapses, where owning gold has provided an advantage. But you...
  5. M

    bank safety boxes

    Set up a trust, then open the (safety box) account in the name of the trust. Probably the safest option. The old adage, "own nothing, control everything."
  6. M

    Russia prepares to attack the petrodollar

    The developed world is totally dependent on oil and gas. You can't tank prices without tanking global trade (and local economies including ours).
  7. M

    Wall Street crash 'even worse' than 1987 is coming, says Marc Faber

    Huh? He called the low in March 2009 almost to the day and went long stocks.
  8. M

    gram bars in a world currency crash

    An ounce coin today is around $400. I may spend that much on food for the family in a week (or two). It won't cover electricity invoices in winter, nor annual car rego, car insurance, etc. It's not much. 1/4 ounce coins are better than itzy bitzy pieces of gold.
  9. M

    why are you stacking

    Insurance. If the AUD tanks then I maintain a level of (international) purchasing power. If it dies I don't get wiped out (which happened to my in-laws). It is a source of savings without the counter-party risk of banks. It is relatively portable in case I decide to relocate.
  10. M

    Troy ounce ?

    Save up and buy an ounce. If that is out of your reach go for a 1/4 ounce or sovereign. I find anything less than a 1/4 ounce too fiddly and anything less than 1 ounce with annoying premiums.
  11. M

    Russia gold backed Rouble trading.

    I have a ten rouble coin from the Tzarist era. Nice little coin. :) I'm not sure how easy they are to come across as the Bolshies hated gold and confiscated it. I wouldn't think the Russian government is looking to introduce a convertible gold-backed currency. As a percentage of forex/reserves...
  12. M

    home insurance rise of 20% in 1 year

    AHM have raised their premiums by >10% each of the last two years, they are now about $280/month for family hospital cover - though excess of $500 per family member per year for hospital.
  13. M

    Right time for entering share market?

    Buy when there is 'blood on the streets'.
  14. M

    If you had a million dollars.

    25-30% on bullion. 5-10% cash. The rest I'd invest offshore.
  15. M

    Today in my change I was given...

    I always check dollar coins in case I find a mule. No luck yet. Have been able to score a wavy 50 though. :)
  16. M

    Dole queue at 15 year high.

    No doubt we need more 457 visa approvals to fill the "skills gap".......
  17. M

    Russia invading Ukraine --- Silver/Gold Implications?

    IMO it is obvious that Russia has the upper hand. They have tanks on the streets, NATO have diddly squat and it is questionable that they would want to roll them in. There's no way the EU would want an open confrontation else freeze next winter. The US government may be a little more bellicose...
  18. M

    Russia invading Ukraine --- Silver/Gold Implications?

    I'd say there'd be a bigger impact on AUD prices that AU/AG prices. Interesting to watch currencies lately. Hot spots like Turkey and Ukraine have seen their currencies tank severely, non-core currencies like Russia and Australia have softenend, while USD, CHF and EUR still remain relatively...
  19. M

    Quantas to put off 300 next year.

    If Qantas folds (long way from it at the moment) then there will be plenty of airlines lining up to service US routes. Thus I don't think major routes would significantly increase in price, rather the less profitable routes (i.e., regional services) would become more expensive.
  20. M

    CNN article suggests Ukraine financial collapse imminent

    Would be interesting to see who are the major bond holders - Russian banks, EU banks or a mix of the two. Would be 'funny' if Cypriot banks had significant exposure. I suspect the IMF/EU/US etc. will cobble together some package primarily for geopolitical reasons (not financial ones).
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