To: delta7
For now, hold onto those precious metal investments tightly.
One can't really spend them. They have to be traded for currency to fund expenses. The markup on the transactions is relatively high. There is also the risk of untraceable theft. They are not as much investments as insurance against the total collapse of a government and its currency. Should that occur they are stolen from the vulnerable.
3 posted on
09/25/2025 7:45:25 PM PDT by
af_vet_1981
( The bus came by and I got on, That's when it all began.)
To: af_vet_1981
Gotta agree. You were lucky to hold silver and gold during the Weimar Republic. Germany was an orderly place, and you could trade your silver and gold for things you needed.
If the United States gets that bad, it won’t be an orderly place. Trading would be difficult and dangerous.
10 posted on
09/25/2025 8:22:19 PM PDT by
Leaning Right
(It's morning in America. Again.)
To: af_vet_1981
"They are not as much investments as insurance against the total collapse of a government and its currency." Worth repeating. Even if the "price" of gold and silver increase dramatically, their *value* may not increase too much.
A young person would be well advised to invest in their own practical knowledge and skills. Learn diesel engine repair, HVAC and/or electrical.
26 posted on
09/27/2025 7:10:28 AM PDT by
The Duke
(Not without incident.)
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