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How much GOLD is enough, to provide security for your family ?
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<p>[QUOTE="livingwater, post: 21894834, member: 141975"]Gold and silver have been valued for thousands of years, ancient China, Egypt, Babylon, Persia, Greek, Roman, etc. to today. Look at the history, all the empires, wars, conquests, they all coveted looted the gold, silver. Soldiers were paid in silver. The gold in Jews teeth was pulled from their bodies in the concentration camps WWII. If SHTF, gold and silver will still be valued and used as barter IMO. The central banks have been buying record amounts of gold recently. India has imported record amounts of silver. Some dealers have reported record or near record sales of gold, silver. I'm not aware of any evidence suggesting societies are becoming less interested in gold, silver. Obviously if SHTF it's better to have food, water, ammo, but gold/silver will have value and be traded unless we're all reduced to being zombies only caring about water and eating human flesh.</p><p><br /></p><p>I've had good returns on my stock mutual funds for over 25 years. Sure there's bear markets, but stocks have always rebounded, at least so far. I think it's wise to have a mix of stocks, bonds, precious metals, no high interest credit card debt, pay off the mortgage, some emergency cash, at least that's what I do. If stock markets drop to zero and never recover we're all in survival mode.[/QUOTE]</p><p><br /></p>
[QUOTE="livingwater, post: 21894834, member: 141975"]Gold and silver have been valued for thousands of years, ancient China, Egypt, Babylon, Persia, Greek, Roman, etc. to today. Look at the history, all the empires, wars, conquests, they all coveted looted the gold, silver. Soldiers were paid in silver. The gold in Jews teeth was pulled from their bodies in the concentration camps WWII. If SHTF, gold and silver will still be valued and used as barter IMO. The central banks have been buying record amounts of gold recently. India has imported record amounts of silver. Some dealers have reported record or near record sales of gold, silver. I'm not aware of any evidence suggesting societies are becoming less interested in gold, silver. Obviously if SHTF it's better to have food, water, ammo, but gold/silver will have value and be traded unless we're all reduced to being zombies only caring about water and eating human flesh. I've had good returns on my stock mutual funds for over 25 years. Sure there's bear markets, but stocks have always rebounded, at least so far. I think it's wise to have a mix of stocks, bonds, precious metals, no high interest credit card debt, pay off the mortgage, some emergency cash, at least that's what I do. If stock markets drop to zero and never recover we're all in survival mode.[/QUOTE]
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