how many of you actually believe silver and gold is a rational investment?
Having a hard time justifying spending money on crypto or shiny rocks
how many of you actually believe silver and gold is a rational investment?
Having a hard time justifying spending money on crypto or shiny rocks
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You can't destroy it and it's almost guaranteed to never be worthless. It's a relatively safe place to keep your wealth if you buy low, and it tends to go into a bubble every few decades so you have a chance at some gains if you sell at the right time.
Not going to shill silver/gold to you user. Either buy it or don't. I did and will continue to just because of what it does for my wealth.
Not much of an investment but more a hedge. Just buy stocks. It will only go up forever and I'm not being ironic.
hedgefunds buy gold, btc is recognised by some as a store of value. What/who do you need to justify to. Do your research and if you believe in it then buy it.
>will continue to just because of what it does for my wealth.
keeps it from growing?
The metals preserve your wealth. Where you'll get wealthier, is gold and silver stocks. Load the fuck up, while they're still relatively affordable.
Precious metals are a great store of wealth and long term investment
i think it's worthless because if we have a global economic crash that destabilizes the system it's gonna be like mad max. food and bullets will be far more valuable.
I'm getting redpilled on metals. What ratio of metals is ideal? Are coins the way to go? Bars? How do you store it? Do you trust banks or do you store it yourself?