My kids' CD's are maturing in 1 week...

[Glelas]

They both have about 20,000 each and they are only 3 and 6 years old.

Where should this money go? (besides weapons, ammo, canned food, shelter, etc...)

In your humble opinions...

 

[krazy kaju]

Damn, I wish my 'rents saved up $40,000 for me. Getting through college would be sooooo much easier.

In any case, I would suggest high-interest foreign currencies (e.g. AUD), if possible. They're probably your safest bet.

 

[tmosley]

They both have about 20,000 each and they are only 3 and 6 years old.

Where should this money go? (besides weapons, ammo, canned food, shelter, etc...)

In your humble opinions...

$2000 in gold bullion, $2000 in silver bullion, $2000 in mining stocks (I would suggest SVM), $14000 invested conservatively with EuroPAC.

Pay attention to the silver stocks. Sell when one share buys 20 or more ounces of silver, unless the dividend gets better.

 

[LibertyEagle]

Well, except for the fact that last time I spoke to Europac, they were recommending a minimum of 50K as an investment w/ them for diversification purposes.

 

[Glelas]

In any case, I would suggest high-interest foreign currencies (e.g. AUD), if possible. They're probably your safest bet.

Forgive my ignorance but how do I research that and how to I invest in that?

Well, except for the fact that last time I spoke to Europac, they were recommending a minimum of 50K as an investment w/ them for diversification purposes.

That is the impression I got when I spoke with them so I am hesitant to invest with Europac. But I want my kids money out of this country damn it!!!

 

[bill50]

I thought Europac was $2500+? Anyways, if its not physical gold stay away. Check out the threads about the whole China/tungsten situation.

 

[paperplane]

I thought Europac was $2500+? Anyways, if its not physical gold stay away. Check out the threads about the whole China/tungsten situation.

i think you're talking about the new one... euro pacific halter asia funds. thats 2,500.

 

[Arklatex]

Monster box of Silver Eagles.

Rest in Gold and Silver stock, I'll 2nd SVM, maybe a BHP if you'd like to be more conservative.

 

[Glelas]

is (SVM) the Canadian mining company in China?

 

[krazy kaju]

Forgive my ignorance but how do I research that and how to I invest in that?

One way is to open up your own forex account with a forex broker like forex.com, though I would definitely not recommend that for a passive investor such as yourself. Another way is to look into everbank.com; you can open up a foreign currency CD with banks like that. You can also buy stocks that track foreign currencies.

 

[tmosley]

is (SVM) the Canadian mining company in China?

Yup. They are in a good position to outperform, even if the price of silver were to plummet.

 

[Romulus]

http://solari.com/