Peter Schiff Again

[IdahoCopper]

http://finance.yahoo.com/blogs/breakout ... 04860.html

1. Get Out of Treasuries
2. Own the Right Stocks
3. Buy Silver and Gold

[NHsorter]

Anybody have insight on what the "Right Stocks" are?

[IdahoCopper]

Schiff mentions some ideas in the article, but no specific companies are listed.

[NHsorter]

Barrytrot has said the same thing as well. But no specific companies listed. Can't someone just do the hard work for me and give some tips so that I can just sit here and benefit from others work? Obamunistically.

[mbailey1234]

I have a lot of friends and family that think I'm crazy but the best investment I have made is about a years worth of supplies that I have stored away in my basement. If you use any products that use corn, soybeans or wheat get them bought NOW! My soybean based frying oil has went up from $19 last year for a 35# jug to $28.90 last week. Every week it jumps 10-25 cents. Corn oil for our kettle corn was $1.69 in the spring of 2011 now it just jumped another 20 cents to $3.19 for a 48oz jug.

I say rather than have your cash in the bank, buy what you need now and tie your money up there. It could even get to where you can't even get your hands on it when you need it.

I think we will see livestock prices drop a little as everyone will liquidate around here due to the extreme drought but hold on to your ass next year. $6 per pound hamburger anyone? Our local store has ribeye on sale this week for $9.99 # for crying out loud!

Maybe we should start a vegetarian recipe forum??

[Lemon Thrower]

Anybody have insight on what the "Right Stocks" are?

I recommend an annual subscription to the 12% letter published by Stansberry and Associates. $39 annual cost. Basically Warren Buffet style companies that can be expected to grow their dividends.

[Lemon Thrower]

Anybody have insight on what the "Right Stocks" are?

I recommend an annual subscription to the 12% letter published by Stansberry and Associates. $39 annual cost. Basically Warren Buffet style companies that can be expected to grow their dividends.

[Mossy]

I have a lot of friends and family that think I'm crazy but the best investment I have made is about a years worth of supplies that I have stored away in my basement.

Buying in bulk is always a good investment for consumers - as much as can be stored without it going bad.

First, bulk purchases are cheaper. Second, time value of money. Third, inflation.

JIT stocking is for merchants, not consumers.

[CtrlAltBernanke]

Schiff, who I'm a fan of, has always talked about PM stocks. I personally believe that if you own physical PM's there is no reason to own paper ones even though I know some people on here do both. Has anybody checked out any of the grain ETF's? There are some that have seriously SURGED recently.