the state of the UK economy

[Darwin]

Due to extreme increase on complexity the average guy's ability to do maintenance and repair on his own vehicle is fast becoming a memory. On a new car there's very little that the typical shade tree mechanic can do because of the need for specialized tools and knowledge. In not too many years I can see lead seals on the hoods of cars with stickers that state; "No User Serviceable Parts Inside"

[sgreger1]

Converting all of your savings to gold right now is going to lead to disaster in a few years here, I would highly suggest diversifying your investments/savings more. Silver is way under valued right now and I think it's a great buy. Gold though is in a bubble worse than anything since the housing market, it's WAY overvalued and i you are buying at this stage in the game you are buying high, only to some day sell low. Gold is not worth $2k an ounce, once things stabilise and everyone stops buying it out of fear, the whole thing is going to collapse and you will see 600-800$ gold prices again, effectively halving your savings.

Diversify is the word of the day right now.

[Fazer]

Due to extreme increase on complexity the average guy's ability to do maintenance and repair on his own vehicle is fast becoming a memory. On a new car there's very little that the typical shade tree mechanic can do because of the need for specialized tools and knowledge. In not too many years I can see lead seals on the hoods of cars with stickers that state; "No User Serviceable Parts Inside"

Apart from oil and water, I can see that happening towards the end of my driving days.