Badger
Thinks s/he gets paid by the post
- Joined
- Nov 2, 2008
- Messages
- 3,427
People should look at gold and silver as insurance vs. anything else unless you just like collecting. They will always hold a value and be tradeable. This talk about you can't eat precious metals is nonsense.
Ask a person in Venezuela or other such country if for example they would have liked to have $10,000 worth of silver on hand when their runaway inflation occurred and practically overnight they had no money for food. You cant eat worthless paper either... This can happen to any country so don't kid yourself.
If inflation creates a problem for buying food and you have gold or silver to buy food from me who has saved food instead of gold then we might strike a deal. But you aren't going to like my terms as you become increasingly hungry.
Cheers!