Upvoted, however: agree with everything except for the bit about gold. The thing about gold and silver is: they are the only "investment" that protects people's wealth because it is the only instrument that can be called money - it meets all of the five properties which makes currency into money. Medium of exchange, unit of accounting, portable, durable, divisible, fungible (interchangeable). You labor with your hands = store your wealth in real money.
Buying silver is absolutely the play most people should be making, but gold has a place, especially if you run out of space. You can store much more wealth in some gold coins vs the equivalent amount in silver coins/bars. "If you don't hold it, you don't own it"
A $20 gold double eagle USED to buy you a nice tailored suit ~120 years ago and then some. Article 1 section 10 of the Constitution says only gold and silver for tender of payment of debts. Silver has always been for the common man, which is the first thing the Cabal got rid of in the Crime of 1873 by taking us off the bimetallic standard. Consolidation of wealth into the hands of the few....sound familiar??
Upvoted, however: agree with everything except for the bit about gold. The thing about gold and silver is: they are the only "investment" that protects people's wealth because it is the only instrument that can be called money - it meets all of the five properties which makes currency into money. Medium of exchange, unit of accounting, portable, durable, divisible, fungible (interchangeable). You labor with your hands = store your wealth in real money.
Buying silver is absolutely the play most people should be making, but gold has a place, especially if you run out of space. You can store much more wealth in some gold coins vs the equivalent amount in silver coins/bars. "If you don't hold it, you don't own it"
A $20 gold double eagle USED to buy you a nice tailored suit ~120 years ago and then some. Article 1 section 10 of the Constitution says only gold and silver for tender of payment of debts. Silver has always been for the common man, which is the first thing the Cabal got rid of in the Crime of 1873 by taking us off the bimetallic standard. Consolidation of wealth into the hands of the few....sound familiar??