Diversify between gold and silver. Once you get to a certain number of ounces (varies depending upon person and available space), silver can become a storage problem. Gold and silver are both sound money, so you're not going to go wrong preserving your wealth with either one. I like platinum too, but it's not necessarily a monetary metal. It's just that there is more "upside" to purchasing silver for your worthless fiat Fedbux.
Gold is the money of kings and silver is the money of gentlemen.
Palladium has been good to me too. I've got about all the physical silver I want to deal with at this point. Got a bunch of Sprott silver I hope will be good. Only buying phys gold platinum and palladium for the foreseeable future.
Yeah, I'm right where you are too, minus the palladium. I distinctly recall back in 2013-2015 timeframe looking at palladium Russian ballerinas for like....$600, thinking I should pick some up lol. But I opted for gold/silver instead, because I was still accumulating. Remembering picking up platinum too, for like $1800. Woulda, coulda, shoulda.
I liquidated my 401k when I was fired, but I was able to keep all of my metal miners and PSLV, as another point of diversification. But, no illusions about anything still left in the markets being worth anything, after the house of cards falls.
What's your solution then - crypto I presume? We need an honest money for barter and trade and gold and silver have filled that role nicely for many hundreds of years. Free energy has also been hidden from us, so that puts many things into perspective if energy is going to be essentially limitless.
You can argue that there are more precious metals deposits/veins being kept hidden as well. Uganda said just a couple weeks ago they were sitting on billions worth of gold.
There isn't enough precious metals to go around as it is currently, if you even just try to divide the annual mined supply for a single year, amongst the world - let alone the above ground, already refined metal. So in my opinion, we need to find more so we can balance things out.
I'm not saying there couldn't be something better on the horizon - I just don't know what that is. Gold/silver is what the Constitution gave us, so that's what I'll be preserving my wealth with, (when or if I can parlay it into something better).
Trump himself is big on the gold standard, for many years, he's on the record.
There are ways to Direct Register shares of stock into your name, so you actually "own" the stock, instead of the IOUs through a brokerage. But, the problem there is that you're still entrusting your carnival tickets to be redeemable in a Cabal created system (stock market), and we know they can change the rules at any time, for any reason (Thanks GME and AMC apes).
Holding physical metal removes all counterparty risk, both buying (although you can technically debate this, as it's possible to track customers) and when selling.
As if a certificate meant anything in the first place? It's just a piece of paper.
However, if you have some level of trust, you can direct register shares and pull them from the fraudulent DTCCs hands.
You now own part of a company. That investment can go up.
Gold on the other hand, isn't an investment that will make massive gains compared to investing in a company, such as apple, back in the day when they were small.
Hope the sauce isnt too weak, just did a quick google search to find a reference to what I remembered .... and it was far more widespread that just this (ie multiple gold inventories were caught out) if I remember correctly.
If you don't hold it, you don't own it.
Come to think of it, you don't even get stock certificates anymore.
My problem is, where does one keep a literal ton of silver (<$100,000 worth)?
That’d fit in a crawl space or a large safe
Yes, it's very dense. You know what that's like, don't you?
Diversify between gold and silver. Once you get to a certain number of ounces (varies depending upon person and available space), silver can become a storage problem. Gold and silver are both sound money, so you're not going to go wrong preserving your wealth with either one. I like platinum too, but it's not necessarily a monetary metal. It's just that there is more "upside" to purchasing silver for your worthless fiat Fedbux.
Gold is the money of kings and silver is the money of gentlemen.
Palladium has been good to me too. I've got about all the physical silver I want to deal with at this point. Got a bunch of Sprott silver I hope will be good. Only buying phys gold platinum and palladium for the foreseeable future.
Yeah, I'm right where you are too, minus the palladium. I distinctly recall back in 2013-2015 timeframe looking at palladium Russian ballerinas for like....$600, thinking I should pick some up lol. But I opted for gold/silver instead, because I was still accumulating. Remembering picking up platinum too, for like $1800. Woulda, coulda, shoulda.
I liquidated my 401k when I was fired, but I was able to keep all of my metal miners and PSLV, as another point of diversification. But, no illusions about anything still left in the markets being worth anything, after the house of cards falls.
What happens when the technology they've hidden from us is released and gold/silver no longer have value other than being pretty?
Or technology that can create any material, including gold/silver.
What's your solution then - crypto I presume? We need an honest money for barter and trade and gold and silver have filled that role nicely for many hundreds of years. Free energy has also been hidden from us, so that puts many things into perspective if energy is going to be essentially limitless.
You can argue that there are more precious metals deposits/veins being kept hidden as well. Uganda said just a couple weeks ago they were sitting on billions worth of gold.
There isn't enough precious metals to go around as it is currently, if you even just try to divide the annual mined supply for a single year, amongst the world - let alone the above ground, already refined metal. So in my opinion, we need to find more so we can balance things out.
I'm not saying there couldn't be something better on the horizon - I just don't know what that is. Gold/silver is what the Constitution gave us, so that's what I'll be preserving my wealth with, (when or if I can parlay it into something better).
Trump himself is big on the gold standard, for many years, he's on the record.
Nah i dont do shitcoins.
But i do know that Gamestop is going to destroy wallstreet
You don't keep it. You lose it out on the lake when you go fishing. Every. Damn. Time.
$100k in GLD will fit in a SMALL safe. That's only about 3-1/2 pounds of GLD.
my point
OOhhhh, you said silver!
My problem is, you can't buy at spot. The grocery store doesn't accept silver as payment.
There are ways to Direct Register shares of stock into your name, so you actually "own" the stock, instead of the IOUs through a brokerage. But, the problem there is that you're still entrusting your carnival tickets to be redeemable in a Cabal created system (stock market), and we know they can change the rules at any time, for any reason (Thanks GME and AMC apes).
Holding physical metal removes all counterparty risk, both buying (although you can technically debate this, as it's possible to track customers) and when selling.
As if a certificate meant anything in the first place? It's just a piece of paper.
However, if you have some level of trust, you can direct register shares and pull them from the fraudulent DTCCs hands.
You now own part of a company. That investment can go up.
Gold on the other hand, isn't an investment that will make massive gains compared to investing in a company, such as apple, back in the day when they were small.
Also: Remember the time numerous gold bars at Fort Knox were found to contain tungsten cores?
https://thecyberdaily.com/2014/04/fake-gold-bars-at-fort-knox/
Hope the sauce isnt too weak, just did a quick google search to find a reference to what I remembered .... and it was far more widespread that just this (ie multiple gold inventories were caught out) if I remember correctly.
They sell that shit as many times as theybwant.
Mine is physical