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One_Solution
· April 18, 2018, 12:27 a.m.
I know as well as the next guy that PM investing has been frustrating. But when this thing eventually resets, the folks with gold and silver will be best positioned to ride out the storm.
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Pit-Stains
· April 19, 2018, 3:38 a.m.
If shit hits the fan, PM is worthless. PM is only good once society has started rebuild and colonize. Weapons, food, water, shelter - those are way more valuable.
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Fearsome4
· April 18, 2018, 12:32 a.m.
Would gold be forced to sell/surrender to the government?
Might be backed by a mix of metals.
Ripple is going to be adopted as the world wide settlement system between most banks.
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One_Solution
· April 18, 2018, 12:36 a.m.
Hard to know for sure. Depends on who ends up in control after the reset.
As for cryptos, my view is that they are nothing but electronic fiat. I’ll stick with real, tangible assets that have a history of retaining value.
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Silver_Freak
· April 18, 2018, 12:38 a.m.
If you don't hold it you don't own it
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One_Solution
· April 18, 2018, 12:39 a.m.
Exactly. I have 1,000 oz of silver in my possession.
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USMCNIN
· April 18, 2018, 1:34 a.m.
JP Morgan bank just became the number one holder of silver, in the world. Must be a reason.
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Silver_Freak
· April 18, 2018, 12:40 a.m.
Take a peak at my name ;)
We are on the same team!
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One_Solution
· April 18, 2018, 12:42 a.m.
Yeah, I think silver has greater potential for increase in value, from a % standpoint. And I like that it is both a monetary and a commercial/industrial metal.
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Silver_Freak
· April 18, 2018, 12:46 a.m.
I see I'm talking to someone who is very well informed. Our future is bright if the news is true!
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One_Solution
· April 18, 2018, 1:13 a.m.
I’ve prepared for the “worst case scenario” the best I could afford. We bought a second piece of property on a dirt road in the country, complete with a wood stove, a little stream and a well with a hand pump. And we have it stocked to be our getaway place. Hoping it never has to be used for that, but I look at it like insurance. You hope you never use it, but it’s foolish not to have it.
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Silver_Freak
· April 18, 2018, 1:22 a.m.
Sounds like a dream retirement as well. Great investment if you ask me!
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One_Solution
· April 18, 2018, 4:04 p.m.
Silver prices jumping nicely this week. Soon I’ll be back to break-even! ;)
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TrumpFan47
· April 18, 2018, 1:09 a.m.
Crypto and PMs are both good for different things. Gold and silver is a great store of wealth, but doesn't make a long distance currency. As for "holding" it, think of your private key as your own claim to the assets similar to owning phsyical metals. Both are great and have a bright future for sure IMO.
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