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<p>[QUOTE="medoraman, post: 1309130, member: 26302"]I agree sir, its up to the individual. We love our PM, value it, and talk about bests ways to safeguard it though. We are not average citizens in that regard, don't you think? Do you think an average 25 years old cocktail waitress is better off buying a silver round once a month and trying to physically secure it, or putting the money into a 401k every month? As much as I love silver especially, (I was buying silver long before this board was ever around, before the WWW actually), I simply would not want all of my life's savings in something that two armed men could take from me. </p><p><br /></p><p>Yes, there is counterparty risk, but if you spread that out amongst many counterparties, ensuring they have insurance as well, I still believe that is multiples less risky than physical security of PM to the average man and woman on the street.</p><p><br /></p><p>Just my opinion, and you may disagree.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1309130, member: 26302"]I agree sir, its up to the individual. We love our PM, value it, and talk about bests ways to safeguard it though. We are not average citizens in that regard, don't you think? Do you think an average 25 years old cocktail waitress is better off buying a silver round once a month and trying to physically secure it, or putting the money into a 401k every month? As much as I love silver especially, (I was buying silver long before this board was ever around, before the WWW actually), I simply would not want all of my life's savings in something that two armed men could take from me. Yes, there is counterparty risk, but if you spread that out amongst many counterparties, ensuring they have insurance as well, I still believe that is multiples less risky than physical security of PM to the average man and woman on the street. Just my opinion, and you may disagree. Chris[/QUOTE]
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Something about taking possession of your gold..
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