Monday, May 10, 2010

FTSE 100 soars as €750bn rescue package for Europe sparks global rally

It won't last.

Buy gold. Real physical gold. And silver. And oil. Oh, and China too. But watch out for the property bubble there.

Actually, just buy gold, silver, and oil.

Do it now, before it's too late.

Al Ain Rotana,
Abu Dhabi Eastern Region,
United Arab Emirates


Captain Fatty said...


Whats the procedure for buying glod, silver and oil?

Captain "Ignorant of the ways of the wise" Fatty

Jack Maturin said...

Buy Peter Schiff book, Crash Proof, and take it from there.

To get started, for physical gold in the UK, perhaps the most important part of your , find gold dealer you trust (eg. Baird and Co) and buy sovereigns from them for as little spread over spot as you can get, and then have them stored in another place that you trust which is outside of the banking system. (Trusted insured depositary).

(Gold sovereigns do not attract capital gains tax in the UK because they are legal tender.)

Have to work it out yourself, really, though, Captain Fatty, as it is the most important thing you can do, so you should have complete control over it yourself.

Get Crash Proof (latest version).

Captain Fatty said...

Thanks AA.

Captain Fatty, swinging into action.