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ignoreme, my pal bought a shitload of silver at $45+ dollars/once, he's so far underwater there is no way up in his lifetime.
Long term, metals, ones that are recognizable and don't carry high premiums.
Muh Axioms are always right!
ignoreme, my pal bought a shitload of silver at $45+ dollars/once
I have a friend who fled Indochina as a kid with his family after the Communists took Saigon. These folks, long generations of ethnic Chinese in Laos, were fabulously wealthy. They fled with only their clothes and the oodles gold bullion they could carry with them. They had just enough to pay the pirates ("boat people") to smuggle them to somewhere where they got picked up and transported to refugee camp in Hong Kong. I think they were probably robbed of most of it. I suppose, your gold might be practical in that situation. Surely your guns will not be as you will be out gunned.
I meant cash on hand, not in a bank.
I meant cash on hand, not in a bank.
Low rates mean people trust the future.
Fiat! Currency! Will! Collapse! Gold is $30k/oz! Silver to $5000/oz! You'll see, disbeliever! Muh Axioms are always right! Start you Acme Gold IRA today!
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