I think your confused, obviously your a champion of graded bullion and dont mind paying for for something graded, thats up to you and your maker me on the other hand have absolutely no interest in buying graded bullion just so we are clear on that 100 percent, its your money if you want to waste it thats up to you/
The one who is confused is the one who doesn't understand the market. BTW, how many $1,000s have you spent on grading?
-Edited- I'm just hoping we can make it to retirement in 5 yrs before it blows up. And it will, like you said. I just don't know when. Certainly seems sooner rather than later though. VERY scary economic times right now and in the imminent future.
Re: Germany They were isolated; the economy is way more tied together globally than then. And debt? We are hardly alone. https://worldpopulationreview.com/countries/countries-by-national-debt
Is that right? You fail to address the loss of fiscal credibility. I'd much sooner lend money to someone who demonstrates fiscal responsibility than to someone who spends with reckless abandon. If they can't attract lenders at reasonable rates, they will be forced to inflate.
Well, compare the prices you pay for anything now with what you paid in 1971, when Nixon took us off the gold standard.
The point that I am trying to make is that things go up and down, your not actually taking the gain or loss until yo pull the Money out and that is your true result.
So what your saying is when the market drops are goes up, I should take my money out right then, doesn't make much sense to me..LOL , I am what you call a long haul investor so I dont let fluctuations get under my skin like most.
I'm puzzled by your reply. I thought we were discussing the loss in value of the USD, but my impression is that you think I'm talking about a loss in value of metals. Can you clarify?
Iam talking about a loss on paper, and that could be anything, you only accept the loss when you redeem it, for example I took a $60,000 loss in the stock market today but would only realize it if I took the money out today, hopefully the better explains what I am talking about.