Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: EvilCapitalist

Yup! Me too! Bought Silver at $32 when Obama was elected and have been a bag holder ever since


33 posted on 12/04/2023 4:23:54 AM PST by STJPII ( )
[ Post Reply | Private Reply | To 4 | View Replies ]


To: STJPII

Bought a silver bar in early 1980’s at under $50, last figure I saw on it was worth about $350. Now, silver is an industrial metal and is unlike gold or platinum. Silver increase indicates the drop in value of the US Dollar.

Problem almost all currencies are very unstable today. You cannot rapidly expand the amount of gold. I own some, but am not a Gold Bug.

Fractional Reserve Banking can be a blessing or a curse. Money is better if tied to tangible assets, but not just gold. Panics (old term?), Recessions and Depressions are failures in banking and monetary policy.

The ComDem’s and Globalist Cabal intend to Destroy the USA.


38 posted on 12/04/2023 5:57:01 AM PST by Texas Fossil (Texas is not about where you were born, but a Free State of Heart, Mind and Attitude.)
[ Post Reply | Private Reply | To 33 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson