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To: blam

And having gold will benefit how exactly?


2 posted on 07/23/2021 6:23:31 AM PDT by albie
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To: albie

There is no safe harbor in the coming storm.

All will be hit.

But some less than others. It is a relative thing, not absolute

The best and riskiest investment is family and people. You are going to need them.............................


11 posted on 07/23/2021 6:32:56 AM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: albie

After the housing bubble burst gold and platinum went down in value. It was a great time to buy. Then it went back up in a couple of years.

Basically gold, silver, platinum and palladium are a store of value and roughly track inflation. The only time there was a drastic loss of value was when the Spanish started bringing back silver from Peru, where it was plentiful. Before that time it was as valuable as gold.


27 posted on 07/23/2021 6:56:42 AM PDT by packagingguy
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To: albie

Silver, Gold.......and Lead (wrapped in brass casings)


31 posted on 07/23/2021 6:59:29 AM PDT by Fred911 (YOU GET WHAT YOU ACCEPT)
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To: albie

When the dollar becomes as useful as a Venezuela dollar.


45 posted on 07/23/2021 7:59:48 AM PDT by Vaduz (women and children to be impacIQ of chimpsted the most.)
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To: albie

After the reset, after a couple of years, we will arrive at a new currency that doesn’t involve billion dollar hills. Gold allows you to buy back into the new currency with some semblance of wealth preservation.
Simplest example is that in Weimar Germany during the wheelbarrow of cash era, Say you had some gold coins. So you were intelligent enough not to spend them on a few loaves of bread because you had prepped properly. The currency a couple of years later would’ve been quite nice to buy into if you have that gold.


47 posted on 07/23/2021 8:11:37 AM PDT by DesertRhino (A coup government may not claim the protection of the same constitution it overthrew. )
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