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Anyone else investing in silver?
Posted: Fri Nov 12, 2021 8:36 pm
by Deleted User 2149
How much is too much? I started buying silver this year. Mainly 1kg bars and silver Kruger rands. Wondering whether to buy more or perhaps some gold instead? I also have an unfeasibly large stash of cash hidden in various places. From an aesthetic perspective I prefer silver to gold, although I did buy a gold Kruger rand. But this is not about what I like or want and more about not having too much money in the bank.
At some point they are going to cut us off from our bank accounts. Crypto is not for me.
More silver or more gold or stash more cash? What are you investing in and why?
Re: Anyone else investing in silver?
Posted: Fri Nov 12, 2021 8:58 pm
by Deleted User 146629
I buy water filters, non perishable food, and ammo, as well as a little gold but that's way after those 3 things. Silver and gold are far better than any paper or crypto currency, however their value is still based on what other people think it's worth. Goods people need will always have value.
Re: Anyone else investing in silver?
Posted: Fri Nov 12, 2021 11:08 pm
by antiliberalsociety
T-bitty wrote: ↑Fri Nov 12, 2021 8:58 pm
I buy water filters, non perishable food, and ammo, as well as a little gold but that's way after those 3 things. Silver and gold are far better than any paper or crypto currency, however their value is still based on what other people think it's worth. Goods people need will always have value.
I myself invest in barterable goods. I have property with secured storage, in it there's all things for preservation of life. Non perishable foods, fuel, generators, lawn equipment, lighters, matches, water etc.
I keep ammo & weaponry separated, never have all your eggs in one basket. I keep cash in various places, precious metals come last as there's more immediate need for utilities and transportation.
Re: Anyone else investing in silver?
Posted: Sat Nov 13, 2021 6:57 am
by Deleted User 2149
Thanks everyone. Barterable goods it will be.