Recently down in Australia every person has been given a 'stimulus' package of $900 to spend and put back into the economy.
People has rushed out and spent the money, some people using it as deposits on new plasma tv's, cars etc. It's almost unheard of to put this money in the bank! We'll be paying for it in tax hikes anyway….

http://leadersofthefreeworld.org

To simplify my point, a farmer on a self sustaining farm can choose to produce only enough to keep his farm going. Or he can produce a surplus (more then he can consume). By producing more he gains a little security for the future but there are disadvantages:

1)He needs to work harder
2)He needs to build a barn to store the excess.
3)There is always the possibility that the barn will burn down.

I assumed that this is what you were stating is the problem with savings in the real word, regardless if your savings are in currency or the metals there is always the risk that the economy will wipe out your savings – all that hard work of producing a surplus gets wiped out. A major disadvantage to accumulating savings: you have to work hard and there is a chance it gets wiped out.

To answer your question: Which one is more secure – the saver or the produce only what you can consume guy? I would say they are about equal. Producing more then consumption and then saving does not protect you against the future economy any more then simply producing only as much as you consume.

Which do you think will be more secure? A person/company which produces in excess and over-delivered to it's customers? Or one focused on only producing what it needs for itself, just barely scraping by?

One thing that I do not understand. Why do you advocate that we should produce MORE then we consume. I would think that all you need is to produce only as much as you consume.

The advantage of producing only what you consume is that you avoid the problem of savings completly. No need to buy metals of worry about inflation.

Or as you claiming that we should produce more today so that later we can stop production and only consume? Is that your plan – to stop producing one day (shut down this blog) and live off your accumulated metals?

For a football player who needs his young body or a nuclear physicist who needs his brain surplus production is neccessary – but a blogger? A successful blog should be able to produce even after there is six feet of dirt between you and the sunlight.

We are living in a time of great uncertainty and you are wise to consider your family's long-term financial security. This is something that everyone needs to do, if they haven't already.

Gone are the days of stable employment and dependable retirement plans. Anyone with a 401k can attest to that, as many of us watched many tens of thousands of dollars evaporate into Wall Street air over the past several years.

Households, which should be operated like any other business, really have to seriously map out their futures and consider making adjustments if needed.

History has taught us however, that some of the most successful businesses were born doing economic downturns. This is why I look forward to the future as online entrepreneurs develop tomorrow's business models.

Keep blogging!