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I'd like to buy about $1,000 worth of precious medals that I can lock in a safe or bury in the backyard.

I'd like to buy about $1,000 worth of precious medals that I can lock in a safe or bury in the backyard.

(post is archived)

[–] 0 pt

Gold and silver have kept their value for thousands of years

yes, exactly, basically gold hasn't increased in value for decades because it's all been wiped by inflation now try and trade that gold bar and see what you have left.

Meanwhile any boomer who bought land/property is sitting on an infinite pension that has hugely increased in value through multiple recessions, and can be sold in a week. People will always need housing

[–] 2 pts

yes, exactly, basically gold hasn't increased in value for decades because it's all been wiped by inflation

Gold tracks inflation. It's not an investment, it's insurance and a hedge. It's fiat that's wiped out by inflation.