Yes, my dad is as based as one can get, but he has chosen to put his cash into CD's at 5% rather than put a small amount into gold or silver; as I have been advising him to do for several years. He and my mom still trust the banking system more than buying PM's online. They ar 83 years old and very set in their ways and they will not change. I hope they do not get wiped out in the coming collapse. It would probably be the end of both of them! They are also very cynical about most things, but still watch FOX every day! Very set in their ways!
I mean, they could certainly diversify...not putting all the proverbial eggs in one basket. It's interesting how some people view it as an all or nothing thing.
It's amazing to me the level of blind trust many people have - just entrusting complete strangers/corporations and banks MORE than their own ability to physically hold an asset like PM themselves...
Any gains on the CDs are quickly cancelled out with inflation...It's gotten to be ridiculous!
Yes, my dad is as based as one can get, but he has chosen to put his cash into CD's at 5% rather than put a small amount into gold or silver; as I have been advising him to do for several years. He and my mom still trust the banking system more than buying PM's online. They ar 83 years old and very set in their ways and they will not change. I hope they do not get wiped out in the coming collapse. It would probably be the end of both of them! They are also very cynical about most things, but still watch FOX every day! Very set in their ways!
I mean, they could certainly diversify...not putting all the proverbial eggs in one basket. It's interesting how some people view it as an all or nothing thing.
It's amazing to me the level of blind trust many people have - just entrusting complete strangers/corporations and banks MORE than their own ability to physically hold an asset like PM themselves...
Any gains on the CDs are quickly cancelled out with inflation...It's gotten to be ridiculous!