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<p>[QUOTE="Blaubart, post: 2902996, member: 37498"]I've been gone for a while, and this is what I come back to? <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie101" alt=":woot:" unselectable="on" unselectable="on" /></p><p><br /></p><p>(I reached my goal for how much precious metals I wanted to own, but figured I'd check in to see what's going on.)</p><p><br /></p><p>Just my $0.02, but I own a lot of silver and a little bit of gold because I like it and because I think of it as something of an insurance policy in the event of a financial collapse of the USD. If my savings were to get wiped out, I would like to have something of value to use for barter.</p><p><br /></p><p>But, let's go ahead and take a look at what's happened in the past year. Silver has gone from $15.70 to $17.05. Gold has gone from $1,200 to $1,286. Not bad for what I consider to be an insurance policy. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> </p><p><br /></p><p>The usual assumption that if a person "invests" in bullion, that bullion must be the only thing they invest in, and they must be doing so in an attempt to earn a profit. Obviously, that isn't true for every one, and it might not even be true for a majority of people that own PM.</p><p><br /></p><p>So geez, take a chill pill and stop calling everyone who doesn't think exactly like you an idiot.[/QUOTE]</p><p><br /></p>
[QUOTE="Blaubart, post: 2902996, member: 37498"]I've been gone for a while, and this is what I come back to? :woot: (I reached my goal for how much precious metals I wanted to own, but figured I'd check in to see what's going on.) Just my $0.02, but I own a lot of silver and a little bit of gold because I like it and because I think of it as something of an insurance policy in the event of a financial collapse of the USD. If my savings were to get wiped out, I would like to have something of value to use for barter. But, let's go ahead and take a look at what's happened in the past year. Silver has gone from $15.70 to $17.05. Gold has gone from $1,200 to $1,286. Not bad for what I consider to be an insurance policy. ;) The usual assumption that if a person "invests" in bullion, that bullion must be the only thing they invest in, and they must be doing so in an attempt to earn a profit. Obviously, that isn't true for every one, and it might not even be true for a majority of people that own PM. So geez, take a chill pill and stop calling everyone who doesn't think exactly like you an idiot.[/QUOTE]
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