9 things to hoard in the new year
Fear of economic collapse has meant high prices for things like gems and metals -- and rising gun sales. Can you profit from the trend?
VIDEO ON MSN MONEY
Is gold really a great idea? In a breakdown of society whether politically or disaster where will you find someone to give fair exchange rates? How do you make change if what you need is below gold value?
Maybe it would be wiser to devolope a skill you can barter.
Honey is the new gold!
People are going to realize when times get tough, commodities over precious metals and gems will be the real demand market.
This ignorant writer lost me when he said something about the President seeking a third term. That can't happen unless they change the laws in the next four years....... and that is highly unlikely.
They did mention Walking Dead in the article maybe the zombies have taken over the editorial staff cause they appear to be brain dead.....
Silver isn't currently at $33, it's lower than $19.
Seriously?? MSN money is repeating an article that is over a year old now? Quotes from the article running on January 1st, 2014....repeat that: 2014!!....include:
"There's a lot of doomsday talk lately. Some of it is based on the Mayan calendar and its "final" date of Dec. 21, 2012"
"Now, I personally am pretty optimistic about 2013."
"So here's a 2013 hoarder's checklist"
"I'll leave it to you to decide which ones will make you feel safer as you click through this slide show, published Dec. 10, for a look at things you might want to stockpile in 2013."
Beyond that, I didn't see a need to hoard or store any of the items mentioned over a year ago, and I seemed to have survived just fine. Now, I'm not saying that thoughtful preparation is something that shouldn't be done. No, it is always wise to be as prepared as possible for the unexpected. But, it might be nice if the folks at MSN could have at least brought the story up to date.
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[BRIEFING.COM] The stock market began the new trading week on the defensive note with small-cap stocks pacing the retreat. The Russell 2000 (-1.4%) and Nasdaq Composite (-1.1%) displayed relative weakness, while the S&P 500 lost 0.8% with all ten sectors ending in the red.
Global equities began showing some cracks overnight after China's Finance Minister Lou Jiwei poured cold water on hopes for new stimulus measures. Specifically, Mr. Lou said the government has no plans to change ... More
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