That's why my first gold coin was a Dos Pesos gold! If there's a will, there's a way! It's really something to look at the comments just a little over a year ago!
CB... Please, get what you can enjoy. PM’s are fun to play with. And if you make a buck or two while you are playing, then that’s all the better. For heavens sakes do not get it if it brings you reason to stress and worry.
Your here, you were able to LOGIN, so obviously you have some smarts. You understand that people write things they wouldn't say... If you were a stranger and just said it because you were ease dropping on a conversation, I would tell you to mind your own f.... business. I have a neighbor, right next door, great guy, but he went on one day about how if the ROOFER ripped him off he would hunt him down and shoot him, "kill him if he stole the 35K" That is just BS.... Just like if a group of coin guys were standing around and someone started talking BS, you wouldnt say, "hey, your a kook, then poke them in the chest and say, now, what are you gonna do about it ?" You might say, that sounds crazy, I dont bveileve it, but no one goes around acting as they do behind a keyboard, that is just a fact
It's not as simple as they can't afford it. It's more so that there are a bunch of working class, lower middle class people in blue collar jobs who buy silver because it's a simple "investment" in their eyes when trying to understand market investing is beyond them. There is absolutely nothing wrong with buying silver and gold as a back up to long term investments. It just saddens me when I know so many uneducated folks spend a few hundred on precious metals every month instead of putting them into an investment that actually yields something.
I am a collector. I have ~1% of my assets in PM. I do like it when the prices go up and don't care when they go down. I think a lot of people that buy gold and silver are saving money. They probably also have a 401K at work and maybe some sort of savings account. They like backing up their equity, CD's, and bonds with some gold and silver. Good for them. I remember reading recently that most (50%) of adults don't have an extra $600 in emergency funds. They didn't save nothing including silver. They'd rather spend $6 on coffee at Starbucks (instant gratification vs. long term savings).
I don't invest in the markets because I believe one day it's all going to come Crashing Down. I have zero confidence in the stock market holding up too much longer.
said every kook for decades. you have to understand the rich will keep it propped up. otherwise they'll be just like us.
Kook? People have lost their life savings in the stock market don't you know. When they decide to hit the reset button the only people that will make any money are the rich.