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Buying gold and silver.
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<blockquote data-quote="Phill Latio" data-source="post: 369357" data-attributes="member: 1590"><p>Gold and silver are not supposed to be considered an “investment” but more about preservation of wealth. Example) a quarter from the early 1960’s could buy you a gallon of gas. Today, that same quarter from the 1960’s has enough silver content that it will still buy you a gallon of gas. That’s how it was explained to me so take that for what it’s worth</p><p></p><p>Yes if you bought a bunch of each in March of 2020 it was an excellent “investment” but only if you sold now. Most people sit on their gold and silver and do not actually sell unless needed</p><p></p><p>At the end of the day your all time #1 investment in my mind is land. Assuming you’re not paying 8k/acre for it but someday that will be considered cheap I’m sure</p></blockquote><p></p>
[QUOTE="Phill Latio, post: 369357, member: 1590"] Gold and silver are not supposed to be considered an “investment” but more about preservation of wealth. Example) a quarter from the early 1960’s could buy you a gallon of gas. Today, that same quarter from the 1960’s has enough silver content that it will still buy you a gallon of gas. That’s how it was explained to me so take that for what it’s worth Yes if you bought a bunch of each in March of 2020 it was an excellent “investment” but only if you sold now. Most people sit on their gold and silver and do not actually sell unless needed At the end of the day your all time #1 investment in my mind is land. Assuming you’re not paying 8k/acre for it but someday that will be considered cheap I’m sure [/QUOTE]
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