[deMolay]

Watch the video: video

[Jotapay]

Wow.

[Specop_007]

A man wanted to bury 150k and the banker talked him out of it?! That lady needs to go into sales. Not only did she convince someone to keep thier money in the bank, but its over the FDIC insured limit!!

[Leanan]

but its over the FDIC insured limit!!

Not any more. They raised the limit. It's $250,000 now.

[patience]

I expect the Fed/Banksters/govt to change the currency when they have debauched this one far enough. If that be the case, cash buried in the backyard will be worth about the same as Confederate money. Probably less, since Confederate money has some collector value.

I don't trust the banks, but I trust the govt even less. The banks only rob me if I give them the opportunity, but the govt robs me every April 15th. So, why not put your money where it will do you some good?

-Pay all debts.
-Buy what you will need to live for a while.
-If you have some left, you are on your own. I don't have that much, and no idea what to do with it.

[Nickel]

I don't believe you. Show us the map.

[crude_intentions]

If he was really smart he would have bought gold and/or silver then buried it. Once uncle Ben gets done that 8k won't buy a weeks worth of groceries.

I wish I earned enough money to buy metals. Alas the life of a poor working college student

[Arsenal]

Buy gold and stuff it in a tube. Bury it about twelve feet deep with some metal junk about four feet down. Safe from metal detectors unless someone is really determined.

[Pops]

Funny, I thought people have been spending more than they earned for a while now, perhaps burying their bills would be a better plan.

Even better, as patience mentions, is to plow your money into land you can own, tools you can use and food you can eat.

No video tho...

[Arsenal]

Funny, I thought people have been spending more than they earned for a while now, perhaps burying their bills would be a better plan.

Even better, as patience mentions, is to plow your money into land you can own, tools you can use and food you can eat.

No video tho...

The gold thing is only if you already put your money into your land already. Pops advice is always advisable first.

[Leanan]

Unfortunately, you can't hide land, and it's not very portable. If the government or someone else decides to take it, or if the area where you are living becomes undesirable for some reason, you can't stick your land in your pocket and get the heck out of Dodge.

I understand why some people want to invest in farmland...but I also think there are very solid reasons not to own real estate now.

[SuperTico]

It's a great idea !!! In winter, when there are no leaves, you can wipe your azz with it !
Dollars burn well, even when damp and are GREAT for assisting in rolling an even joint !

[Arsenal]

Unfortunately, you can't hide land, and it's not very portable. If the government or someone else decides to take it, or if the area where you are living becomes undesirable for some reason, you can't stick your land in your pocket and get the heck out of Dodge. I understand why some people want to invest in farmland...but I also think there are very solid reasons not to own real estate now.

Yeah. But you can't eat gold either and that farmer won't sell you those potatoes unless his family is fed first. You need both gold and land in my opinion.

The government also confiscated gold back in the 30's so don't think it is the end all be all.

If the government is out taking land (which the logistics alone are staggering) then a revolution is not far behind. The attachment to ones land is by far greater than it is to gold. In hard times gold is a one time shot. You spend it and it is gone. With land you can plant over and over again if you are careful.

[ReverseEngineer]

Unfortunately, you can't hide land, and it's not very portable. If the government or someone else decides to take it, or if the area where you are living becomes undesirable for some reason, you can't stick your land in your pocket and get the heck out of Dodge. I understand why some people want to invest in farmland...but I also think there are very solid reasons not to own real estate now.

If the government is out taking land (which the logistics alone are staggering) then a revolution is not far behind.

The Goobermint did it in GD1, why wouldn't it happen again? Even if you own it with no mortgage, you could be taxed off it if you can't make a profit from farming it and then owe back taxes, at which point the farm is auctioned off.

There was no revolution by the Okies pushed off their land. Hopefully this time around people get it figured out.

Reverse Engineer

[Arsenal]

The Goobermint did it in GD1, why wouldn't it happen again? Even if you own it with no mortgage, you could be taxed off it if you can't make a profit from farming it and then owe back taxes, at which point the farm is auctioned off. There was no revolution by the Okies pushed off their land. Hopefully this time around people get it figured out.

That is why I said you need both. Gold and land. Gold so you can pay the taxes or sell your excess crops to pay them. Smart/lucky people kept their land during the GD1.. Smart people will keep their land in the GD2.