Missing something...
Precious Metal General /PMG/
Henry Morgan
Isaac Bell
Yeah. I bought about $2k of silver ten years ago for funsies and it’s still worth about $2k. Not a solid investment.
Chase Brooks
b-but the 2011 silver rush user? $40 an ounce?
Tyler Allen
>why the fuck China and Russia are hoarding gold?
they are being ran by the ghost of JP Morgan
Brandon Ortiz
Just found out Texas has its own fucking mint and bullion depository. Recently opened and makes gems like pic related.
Wyatt Bailey
Silver and gold arent investments they are real money dipshit.
A gold ounce is savings and real money. It just sits there and isnt supposed to go up in price like a stock you moron. The literal reason you buy gold is so you have money and wealth for when fiat implodes....THAT'S when you MAKE IT with gold and silver.
William Lewis
China and Russia are hoarding gold so when they let go of the dollar they are in great position.
Tyler Turner
I think it will be an even reset JP morgan and the govt hoarding silver, gooks and russians hoarding gold.
You have an overnight gold revaluation to 50k/oz or whatever AND in return the silver to gold ratio gets to go back to its historical 16-1 ratio instead of the ridiculous 80-1 ratio right now.
Owen Reed
Best thing to buy imho is gold royalties. I've been hoarding RGLD & FNV and beating the S&P 500 substantially over the past Bull market, while knowing that the exposure to gold & negative beta commodities will make it perform even better in a bear market.
Luke Sanchez
BUT you need to own physical too. Fiat gains in gold and silver stocks mean nothing when the currency is worthless. It is amazing that very few people on this board understand gold is money and wealth.
The dollar value of silver and gold means nothing. It was gold that gave the dollar its value to begin with, so why in the fuck would you people be measuring a gold ounce in terms of worthless dollars?