Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Gold is the Ultimate Inflation Hedge!!
>
Reply to Thread
Message:
<p>[QUOTE="1865King, post: 8105960, member: 103207"]It's been said that gold and silver are always a hedge against inflation but, is it really true. I wouldn't call it a hedge against inflation I think of it more like a safety net when things get bad. People have been using gold and silver for over 5,000 years and in general it's great to have when things get out of control. Paper money hasn't been around that long and there have been multiple times where paper money became worth nothing. In a true financial or government meltdown Paper money, stocks and bonds can lose their value over night. Stocks aren't worth anything if a company is shut down or forced to close because of a war or political unrest. This is when gold and silver really shine. However, don't assume it will have the same buying power as when you bought it. It's buying power in uncertain times has more to do with barter and what the person you want something from will take for it. So, if you have $10,000.00 worth of gold that and the economy collapse that doesn't mean you still have $10,000.00 worth in gold. It could be worth a lot more or worth a lot less. But it's still nice to have and look at. I think everyone should have some gold and silver.[/QUOTE]</p><p><br /></p>
[QUOTE="1865King, post: 8105960, member: 103207"]It's been said that gold and silver are always a hedge against inflation but, is it really true. I wouldn't call it a hedge against inflation I think of it more like a safety net when things get bad. People have been using gold and silver for over 5,000 years and in general it's great to have when things get out of control. Paper money hasn't been around that long and there have been multiple times where paper money became worth nothing. In a true financial or government meltdown Paper money, stocks and bonds can lose their value over night. Stocks aren't worth anything if a company is shut down or forced to close because of a war or political unrest. This is when gold and silver really shine. However, don't assume it will have the same buying power as when you bought it. It's buying power in uncertain times has more to do with barter and what the person you want something from will take for it. So, if you have $10,000.00 worth of gold that and the economy collapse that doesn't mean you still have $10,000.00 worth in gold. It could be worth a lot more or worth a lot less. But it's still nice to have and look at. I think everyone should have some gold and silver.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Gold is the Ultimate Inflation Hedge!!
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...