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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.

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[–] 1 pt

who said you cant diversify your investments and preps? you have a faulty premise.

I didn't say you can't diversify, I said gold was crap as a hedge, I listed in another posted a handful of things that are way better than gold. Don't believe me, go ask on an investment forum, I'd be surprised if they suggested using any more than 5% of your fund in metal commodities. Even with a prepper mindset you should be thinking primarily of stuff you will actually use, like fuel/food/power. If you don't have those you'd be offloading gold to buy them at a loss.

There are a whole pile of ways to prepare and which makes sense, but because nobody has ever had to offload gold in a crisis, people don't realise what a load of bollocks it all is. Every time they read about some redneck buying it, they carry on thinking 'well if he's doing it it musty be good right?' Blind leading the blind

[–] 0 pt

you claim its shit in a shtf situation then talk about its use in financial investment. you realize that one out of four dollars in existence has been printed in the last 2 years. we are headed for a sovereign debt crisis and dollar collapse. tangible assets for both trade and personal survival are key. financial gurus dont know anything of gold and silvers history and therefore their future. when fiat collapses everyone will stampede to the safest assets. see what 50 oz of au could buy in the weimar republic. one needs everything to homestead and protect hearth and home. one also needs a tangible, portable, fungible, durable means to store wealth that isnt fiat paper currency, shitcoin, jew stocks, bonds. anyone suggesting bonds right now is so retarded there are no words to give them other than 'good luck'