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To: Axenolith
Nickels always have good value to content ratio. Same with pre 1982 copper Lincoln cents. (snip)

Thanks! I'm learning so much, and I'll start saving those nickels.
733 posted on 03/02/2019 11:29:42 AM PST by HoneysuckleTN (WWG1WGA! Q / Q+ || President Trump 2020 KAG! :) MAGA!)
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To: HoneysuckleTN

Gold is beautiful, and will keep its value forever (if not stolen).

However I believe that, thanks to President Trump and the MAGA movement—which I believe WILL CONTINUE—the USA is on the verge of another scientific and technological flowering (not to mention manufacturing of all types).

Hence, I look for value in stocks to profit in the future technologies such as Electric Vehicles (nothing to do with global warming hoax!), genetic medicine, AI, robotics, space warfare and virtual reality.

My favorite metals lately are lithium and cobalt (for EV and cellphone batteries).

Just sayin’. I’ve been a bit of a gold bug in the past, but optimism is now in control of my investment strategy.

There are many stocks where a few thousand dollars invested in the ‘80s or ‘90s would be worth millions today. I’m not saying such opportunities always exist ... just that I think they may exist again RIGHT NOW.


745 posted on 03/02/2019 12:16:17 PM PST by Disestablishmentarian
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To: HoneysuckleTN
Nickels always have good value to content ratio. Same with pre 1982 copper Lincoln cents. (snip)
Thanks! I'm learning so much, and I'll start saving those nickels.

The problem is portability. Even with silver that can be a problem. I had to move the contents of my parents' safety deposit box across country. They had 400 oz of silver. I wasn't going to check this as baggage, so I took it as carry-on. 400 troy ounces is 33 1/3 pounds, and basically fills a shoebox. Since it was so heavy, I purchased a tool box to carry it in, and the total weight was about 50 pounds, including the other contents of the safety deposit box.

When I got it to its destination, my parents decided it wasn't worth it to continue paying for a large size safety deposit box to keep it in. They're in assisted living hence they don't have any hiding places at home to store it, so we to took it to a gold and silver dealer to sell it. At $16/oz, it was around US$6400. Yes, a nice chunk of change, but you're not going to want to carry around enough money in silver to, say, buy a car.

Nickel or copper would be even worse, unless you're just going to bury a huge chunk of it in the back yard.

This slide was made of metal.

1,381 posted on 03/03/2019 9:33:28 AM PST by AZLiberty (218 House seats or bust! Bust. But the Dems will be busted for election fraud.)
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