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I'm too poor to buy gold. There I said it. Nonetheless I buy silver eagles partly because they're beautiful coins but also I can afford silver.

But is there a point to buying silver now? I was reading a subreddit the other day and kids were saying metals were "something boomers still waste money on".

I mean, seriously?

I'm too poor to buy gold. There I said it. Nonetheless I buy silver eagles partly because they're beautiful coins but also I can afford silver. But is there a point to buying silver now? I was reading a subreddit the other day and kids were saying metals were "something boomers still waste money on". I mean, seriously?

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[–] • 3 pts (edited )

You can afford goldbacks. I have a slew of them. It's all about diversifying your assets in tangible real value things instead of fiat. Silver and gold is just two of those options.

Goldbacks are a great way to carry around spendable amounts of gold. Currently 1 goldback note is worth $4.97. just a month or so ago I purchased about $200 worth of goldbacks and the exchange rate was at $4.70. just goes to show how shitty the inflation actually is.

Think of them as gold anodized plastic notes. Durable, real gold, very pretty, and works for small transactions.

https://www.goldback.com/calculator

Edit: 21 hours later it is at $5.02

[–] • 1 pt

This is interesting. Ill look into it. Thanks!

[–] • 0 pt

I passed on those. You can't verify the gold content in any reasonable way (without destroying it). It's basically a fancy design as anti-counterfeiting.