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It's better to live a short and exciting life and be killed in an apocalypse, than to spend your life preparing for a catastrophe that never comes.

26M oz equates to 0.1grams per person on the planet. Or about $5 each. I think I could find that in the couch.

Absolutely. But when 20% suddenly becomes 100% you have to ask yourself who the ignorant one is. Fun fact, 85% of people who are currently in jail are Australian-born. Asylum seekers are 45 times less likely to commit a crime than the average. So I think it's absolutely unjust to assume the...

It does not say in that article but I would guess they are caucasian males aged 18-45 and their main form of entertainment is mugging the elderly and receiving welfare payments to spend on alcohol. See, I can do that too.

When I was in high school I hated my economics class. I was great at math, great as science, but economics always left me scratching my head. So all these years later, when I see that the leading economists of the world are encouraging more debt to fix a debt based problem... it finally makes...

I wouldn't be here if "they" didn't "breed like rabbits." On behalf of the asian part of my heritage, I apologise for breeding so much, since as you say, it's "my own fault" that we are in this mess. It seems in your mind being of asian descent means you're part of some kind of collective...

I don't forsee many situations where you would need to run off into the wilderness with a backpack full of gold. The safest place in a SHTF scenario is home.

Of course not. Sometimes my humour is a little dry :P Both my parents were born overseas, and I've been told to "go back to my own country" before.

I'm a sweet potato, baby.

Serious. All international persons wishing to join this silver community will get sent to a forum in Papua New Guinea until it can be determined whether they are who they say they are.

Ask and you shall receive... a $2bn bailout. http://www.news.com.au/national-news/federal-election/kevin-rudd-vows-to-win-in-polls-and-deliver-2bn-for-australia8217s-car-makers/story-fnho52ip-1226698747935

Too bad, so sad.

Things went pear shaped in 2008, but 5 years later we're all still here. I think the next 5 years will be a slow deterioration... who knows how long it could play out. My PM purchases aren't going to be based on price any more, but on economic events... France admits they're bankrupt.. buy a...

Did up a couple charts for my own curiosity. I used the minimum wage and the spot price, all in AUD. Figures prior to 1975 are a bit shaky, but give a general idea.

I think the point was that their salaries come from tax payers. So it only leaves 32.16% of the population who are generating wealth.

$2261

A global currency is definitely a while away, simply because we don't have a global power to enforce a single currency onto the world. Countries would just start their own currency again and there wouldn't be anyone to stop them.

I would say it's heading for the $13-15 range if the economy continues to "improve."

There's a lot of bears coming out of the woods, being quite vocal about how gold is a barbaric relic. You'll probably find that these individuals are quite young, born after the end of the gold standard. Put yourself in their shoes, the dollar has been around since they were born and gold has...