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To: RC one

Meh, buy a few silver Eagles and dip your toe into the metals market. Like say four or five ounces. Worst case scenario is you’ll have some nice coins to give to your kids.


74 posted on 02/01/2021 6:11:02 PM PST by MercyFlush (Donald Trump is my President and Free Republic is my social media!)
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To: MercyFlush

I have owned Gold and silver bullion and coins. I found it to be not terribly liquid. The brokers always have an excuse. I was able to sell it though and I made money but I would have made more money if I had bought AMZN. I did buy AMZN in fact and did well. I sold it when they deplatforfmed Parler as I was in a wash sale and I just wanted to walk away for a while. Of course I should have held it but I was in a wash sale situation, risk was higher, and the stock is a bit overvalued. So I’m in cash again which makes me feel both good and sad and a little nervous when I see a run on PMs. The run on silver seems illogical though. Silver is kind of useless and should be tied to industrial output growth which is far from the current case. When it comes down to it though, I just flat out side with paper fiat currency-the very backbone of western capitalism and I don’t know that I’d like to see anything wreck western capitalism.


79 posted on 02/01/2021 6:40:34 PM PST by RC one (When a bunch of commies start telling you that you don't need an AR15, you really need an AR15)
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