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WHIREAS
Where do you actually sell them?
ijathenickman
Who would trade an APPLE FOR A PIECE OF GOLD... when everybody is starving.
This guy has probably invested in gold and is advising evryone to do the same hoping that it will go up
brown55061
You could hurt somebody by smacking them upside the head with that silver brick!! lol
Subscribed, good intel.
brown55061
If you think the US dollar is never going to lose its buying power you can sell your metals back for dollars.
If you are smart enough to understand the US can never pay back its 11 trillion dollar debt and will have to liquidate that debt, you would hang onto gold/silver. Eventually the IMF banks will force this Breton Woods system into bankruptcy and they will create a new gold/silver based money system. That means your metals can be exchanged for the new dollar securing your savings.
whygoldandsilver
At the moment precious metals are undervalued. You hold onto them until they are undervalued, then use them to trade into an asset that is undervalued. At the moment real estate is overvalued. In a few years, trade your overvalued metals for undervalued real estate. Read Mike Maloney's book 'Guide To Investing In Gold and Silver'. It is excellent.
urkingod
Hi, how long should you hold on to them? To buy a physical metal is to convert from fake (paper) money into real money correct? So why should you later sell them back into fake (paper) money? when the "price" goes up? How about holding on to the metal as long as you can hold on to... but still I do not understand how it will do any good holding on to it....
urkingod
@whygoldandsilver Great tip. :-)
In Japan, everyone is talking about ETF. I do not understand it. NO ONE is investing in physical metal especially SILVER is not available.
urkingod
Hey, you are a smart guy. Where are you from? I wanna be your friend. hehehe. i am serious.
whygoldandsilver
Don't buy mining stocks or ETFs! Remember this simple rule:
If you can't touch it, you don't own it
Don't learn this the hard way
redcat362
If the stock market crashes the mining 'stocks' crash with it. It's just paper and everyone is suddenly going to be trying to get rid of all paper,...all at the same time. There will be no buyers of paper. |