I avoid gold and instead stack silver. Historically gold and silver are a 16:1 ratio, which would put the current real (yet still suppressed) value of silver at about $125 Oz, about 6x what it trades for. When it comes out that non physical silver is all fake, the crap will hit the fan. Also silver would be more useful in a true shtf scenario. If you have enough to buy some land without financing at crazy rates you can't go wrong. Good luck!
I have a retirement account that I don't plan on dipping into anytime soon, if ever (hoping it can be an inheritance for my kids), but I want to try to make sure it doesn't evaporate from some financial meltdown. Maybe there is a silver "mutual fund", or something like that, that I can split some out to. I can't buy physical silver since it's in a retirement account. If I withdraw to buy anything, I then have to pay tax as if it's income.
I avoid gold and instead stack silver. Historically gold and silver are a 16:1 ratio, which would put the current real (yet still suppressed) value of silver at about $125 Oz, about 6x what it trades for. When it comes out that non physical silver is all fake, the crap will hit the fan. Also silver would be more useful in a true shtf scenario. If you have enough to buy some land without financing at crazy rates you can't go wrong. Good luck!
I have a retirement account that I don't plan on dipping into anytime soon, if ever (hoping it can be an inheritance for my kids), but I want to try to make sure it doesn't evaporate from some financial meltdown. Maybe there is a silver "mutual fund", or something like that, that I can split some out to. I can't buy physical silver since it's in a retirement account. If I withdraw to buy anything, I then have to pay tax as if it's income.