Do you understand what the head of JP Morgan Chase Bank just said
(finance.yahoo.com)
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Is anyone really all that surprised?
It's always us, the working people, playing the game by the rules that get cornholed, every. damned. time.
Hope y'all are stacking...If you can't hold it in your hand, do you really "have" it?
I went to the local pawn shop yesterday. Bought 4 silver rounds for $28 each. And I bought 4 silver eagles for $33 each.
Good buy.
Yeah, you cant get them at that price online. Plus shipping & insurance ! I just paid cash and stuck them in my pocket for my next boating accident.
Don't forget that they have metal detectors these days & you can bet the govt will have the very best of them. I'm just saying that so you make sure the boat tips at the very deepest part of the lake, if you know what I mean ;)
I found an Eisenhower 1/2 dollar today!! I never even knew I had one (& I was somewhere where only I go) It's only silver clad but I'm going to keep it.
BTW I go to a Bullion shop. You have to make an appointment & you can't buy or sell more than 10 grand worth at a time but he charges 3% which I'm pretty sure is a better deal if you can find one near you. I have friends that told me about mine
The anti-crypto argument, in 13 words.
Amen.
I think it's prudent to hold some and diversify...BUT - certain criteria has to be met in order for it to qualify. Crypto is certainly an exception to my rule, and percentage of "diversified holdings" reflect this.
The cold hard truth is, there are only 2 things worth anything in the whole world:
Things that come out of the ground.*
Skilled labor
Pretty much everything else is worthless bullshit.
*Food, oil, minerals, metals, aggregate, etc
If you have to do mental gymnastics to explain what something is backed by or what gives it worth, beware.