I fear we are hitting hard times and I?

Question

dont wanna get caught in it.

I would like to invest in precious metals and international stocks, but I only have $203 dollars in my bank account. Gold is ridiculously expensive and silver looks like the cheap metal, but they work as insurance in case the worst happens and I dont mind having them.

What will happen to those who dont even have the knowledge we do on inflaction, hyperinflation and the devaluing of the dollar? And what about those who do have this knowledge but cant do much right now?

very stressfulll indeed.

Answer 1

$203.00 is not going to do much for both you or who you invest in but if I had another $60,000.00 I would invest in the Bank of Tokyo short term high interest rate account

Answer 2

I would not invest in anything if you only have $203.  You won't be able to invest enough to cover the trading costs.  Some sites charge you per trade and then a yearly fee if you don't have enough funds.  In my opinion you would be better off investing in a high yield savings account.