QandA

Hi guys and girls, been a while.
There’s some questions others would find interesting.
Others are a bit more personal, so if you asked something and can’t find it here, please check the “comments” where they were made. :)

1)

Hey. And what kind of rings or chains should one buy? Any more specific info would be appreciated. Thanks again.
George Donnelly

Plain gold wedding bands, with no artistic value, simple chains, broken jewelry is generally sold as junk gold too.
Don’t go nuts, but try finding a bit of junk gold, jewelry that would otherwise be melted.
2)

Hi, I would be very grateful, if you could answer my questions, it is so nice to read from someone in southamerica.

I have an advice, you may reject: you should teach your son (I read you try not to show him too much crimes) how to shoot, to disassemble and reassemble a weapon, how to load.

It does not matter how young he is, it could once save your life.
Boys usually love to shoot guns.
-Anonymous

He’s a bit young but yes, I’ll teach him how to shoot when he’s old enough. ( he’s six right now)
I got him started with my air rifle. Eventually he’ll start shooting 22 LR I suppose.



3)

Ferfal, you mention that gold and gold coins were good investments but you never did mention silver.
How did silver and silver coins do, as these are easier to trade and sell?
What other investments did well or poorly? land? fine art? collectibles? stocks? bonds?
Thank you for your input.
-Great stuff. Thanks a ton
-alpha411net

In my experience, people consider gold to be “the” precious metal.

I wouldn’t doubt to buy mint silver coins, but only if you are thinking of selling them when needed to serious precious metal brokers.

On the streets, in most currency houses, and jewelry shops with signs that simply read “ I buy gold”, they just deal with gold.
They don’t buy silver.

Silver has replaced gold almost completely for everyday jewelry, since gold became so expensive it just makes you a sure crime victim.

Other than that, yes, real estate is a way to protect you money, (and generates profit too)


4)

Hi Ferfal, wouldn't Argentina be a wonderful place to invest? The low Peso combined with cheap labour sounds very attractive even so one would need more security than in Europe.

Actually this might be the way out of the misery, this way the devalued Peso would constitute a big advantage.
--Anonymous

Sounds good but then you have other problems, like legal instability, a lot of corruption, strikes, workers associations, and enough bribes to keep you busy all day.



5)

Thank you for your post. I am waking up FAST. I can't buy a gun soon enough, and I am going to train my 8 year old too shoot it. I am wondering what is Argentina like now? I have looked at all the data that I kind find and I see that the unemployment is about 6%. The job market is tight but it seems like you are pulling yourselves out of the hole.

Thank you for all of your advice, I am going to continue preparing for the worst but hoping for the best.
-Anonymous

6% is a bit too low. I’m sure it’s more like 12-15 % or so.
Right now in Argentina?
Crime is even a greater problem than before, and infaltion makes things very dificult. Other than that and a few other things,it's just life like always here.
The way the gov. lies and censors or bans TV programs and media that dont favor them, makes it very difficult to come with a true diagnose.


Edited to add:
On a more personal note, my wife is having our baby today, Friday (cesarean section). So I’ll be gone this weekend.
Even though things couldn’t look any better, we’d appreciate a small prayer just in case. :)
Thanks guys, and see you all later.
Take care.

FerFAL