Been thinking of dabbing into buying silver, mostly because it’s cheaper for me and easier to begin with. But someone I know who is a big gun buyer told me to, instead of gold and silver, go with finer rifles and pistols. More collectible. Not the $10,000 ones, more more in the 1-2k range pistols and rifles. I’m more familiar with them personally, and I don’t think they ever go down in value, from the ones I’ve had for years now.
Although I’m still very interested in buying silver or maybe one day gold, but what some of you, smarter than me financially, think about this? Do’s and don’t’s? Could guns provide similar financial holdings as silver, if the dollar goes poof? Thoughts?
Just remember that gold and silver are Money, they are fungible and very, very liquid. You can always find a buyer for silver and gold. Collectibles are not fungible and are less liquid in general. But they can appreciate more quickly! Are the trade offs better in one direction or another? Idk I am just a dumb ape who holds silver but never ever gives financial advice.