Seems like a lot of guys have been pitching the same thing for many decades. Conservatives and patriot mouth pieces in radio in particular always seem to get sponsors who are selling gold and precious metals, and it’s a little hard not to get numb to the message after a while, but I’m not personally familiar with it, and I’ve always been skeptical, particularly when you are buying gold that you are not physically taking possession of. I mean, how does that help you when TSHTF. Are you going to travel halfway across the country or the world and walk up to an vault and just collect your gold? Why in the world would you ever expect to be able to find or contact these people when all the banks have gone bankrupt a many businesses got shuttered and the government starts freezing assets and accounts?
I just don’t know how all this stuff work and I’m curious. Is birch gold group too big to fail? Is Ron Paul going to bring you your gold personally when they file for bankruptcy or run off to Switzerland with your investments?
Precious metals, etc.: if you don’t have it in your physical possession, you don’t own it. Instead, you’re trusting someone else.
Thanks for playing. Sometimes you win, sometimes you lose. Mr. Murphy comes along and proves himself right, once again.
z3n wrote: “Seems like a lot of guys have been pitching the same thing for many decades. Conservatives and patriot mouth pieces in radio in particular always seem to get sponsors who are selling gold and precious metals, ...”
all of those pitch men are claiming that we need to buy now because gold is going to explode in value. If they truly believe that, then why do they want to sell something that’s going to exponentially increase in value? Shouldn’t they be holding on to it to sell after the increase?
Buying ammo is a better move than metals.