Silver and precious metals question. I can buy that the media is hyping silver right now to help hedgies (that's what I call hedge funds) recover from GME. My question has nothing to do with stocks or market stuff.
I'm really just interested in the actual value of purchasing precious metals. If SHTF is it actually worth it to have a good stock? Why? If not, why?
Personally, I think the best metal to invest in is lead.
Silver and precious metals question. I can buy that the media is hyping silver right now to help hedgies (that's what I call hedge funds) recover from GME. My question has nothing to do with stocks or market stuff.
I'm really just interested in the actual value of purchasing precious metals. If SHTF is it actually worth it to have a good stock? Why? If not, why?
Personally, I think the best metal to invest in is lead.
If SHTF then the dollar becomes worthless. Barter will be the order of the day, and precious metals will be king.
If SHTF for real and society collapses, non-perishable food will be king. Anything you can't eat will become worthless, including precious metals.
Either way, any asset valued in dollars, including stocks, will be worthless.
Think of gold, silver, food, and lead as an insurance policy rather than a speculative investment.