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<p>[QUOTE="Clawcoins, post: 3643399, member: 77814"]Actually that depends upon your perspective and what marketing you are led to believe.</p><p><br /></p><p>If you talk to non-biased financial people holding PMs is a storage of wealth.</p><p><br /></p><p>You can continue on to use it as a future "hedge" against inflation, or world events, etc.</p><p><br /></p><p>You can then believe that gold will forever go up in valuation thus be worth more in the future and all the way to bash the US Dollar really being worthless i comparison to PMs when the zombies attack.</p><p><br /></p><p>There is a very wide definition of what Gold/Silver is and how one can use it.</p><p>I built up my PMs years ago as a storage of wealth to balance out my net worth balance sheet. I used it as a balance sheet leverage in relation to obtaining brokerage flexibility. I have all that stuff now, and the PMs were considered worthless in my portfolio so I got out of a lot of it.</p><p><br /></p><p>Of course, that was just the "bullion" stuff. I have a collection of what I term as "numismatic" gold that I think is worth above spot. That is unless I'm in a hurry in the future to sell it ...[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 3643399, member: 77814"]Actually that depends upon your perspective and what marketing you are led to believe. If you talk to non-biased financial people holding PMs is a storage of wealth. You can continue on to use it as a future "hedge" against inflation, or world events, etc. You can then believe that gold will forever go up in valuation thus be worth more in the future and all the way to bash the US Dollar really being worthless i comparison to PMs when the zombies attack. There is a very wide definition of what Gold/Silver is and how one can use it. I built up my PMs years ago as a storage of wealth to balance out my net worth balance sheet. I used it as a balance sheet leverage in relation to obtaining brokerage flexibility. I have all that stuff now, and the PMs were considered worthless in my portfolio so I got out of a lot of it. Of course, that was just the "bullion" stuff. I have a collection of what I term as "numismatic" gold that I think is worth above spot. That is unless I'm in a hurry in the future to sell it ...[/QUOTE]
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