BK9954 wrote:farmerjan wrote:Anyone ever dealt with Lear Capital? Heard them advertised on Rush Limbaugh. Got a prospectus in the mail and am considering it. They will also buy back; question is what would you use for the "money" if the dollar goes to he// ? I am a big believer in silver also since it is used in so many industrial applications. It is fairly cheap now, less than $20. I remember when it hit nearly $50 a few years ago. Have only ever invested in actual silver like pre 1964 quarters but am looking to do something while the market is so high and get some of my retirement money into something more safe and sensible than the stock market. Lost too much in 2008 and I am getting too close to retirement now.
You would use hyper inflated dollars or possibly have it paid back in euros or another currency if they are stable. The only good thing about getting hyper inflated dollars back is I could pay off my mortgage with worthless dollars.
as long as you can generate the money to service the debt, it's a good thing to have debt when hyperinflation hits...
That's what scares me about all this corporate land buying, it's all on credit, and when SHTF, they'll own all the assets they and pay for it with garbage money