expired Posted by Deltabasangler • Jan 15, 2025
Jan 15, 2025 2:02 AM
expired Posted by Deltabasangler • Jan 15, 2025
Jan 15, 2025 2:02 AM
Costco - 2024 1 oz PAMP American Buffalo Silver Round, 20-count $599.99
$600
$600
Costco Wholesale
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You can put your money in tips bonds and be earning inflation guaranteed interest....
If you're worried about a complete and utter financial collapse you're going to have more things to concern you than your silver and gold amount.
now I fully admit if you want this stuff this is probably about as good a deal as you're going to get..
Pertaining to this deal, this is not U.S. currency it's just a 1 oz piece of silver. If I buy gold I buy U S. currency because it generally increases in value regardless of the price of gold.
5.56 tracers is a HOT item too
Stocks have gone up even more in that same time. You could have just bought an index fund.
Like I said in my original post I really don't think in a collapse scenario heavy metals are going to do you much good unless maybe 100 years after that when society rebuilds. A true collapse scenario the first few decades are just going to be chaos.
I can see it being cool to own some heavy metals. who wouldn't want to have a chest full of gold or silver?
but I wouldn't do so unless you already had significant investments that earn yearly income... as well as all the other prepper supplies you actually will use that are laid in
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You can put your money in tips bonds and be earning inflation guaranteed interest....
If you're worried about a complete and utter financial collapse you're going to have more things to concern you than your silver and gold amount.
now I fully admit if you want this stuff this is probably about as good a deal as you're going to get..
Also they're pretty damn cool to stack.
To the person stating "why would anyone buy this crap?" and "put your money in tips" - this for diversification (and as someone said - almost an alternative to cash holding). I already have 1000x in bonds than what I have in PM (and even more in real-estate and brass and lead).
Also they're pretty damn cool to stack.
So unless you plan to live to 200, buying silver is not a hedge against inflation.
Please people, just buy S&P 500 ETFs. Stop gambling your money like this...
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