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April 19, 2018, 05:28:47 PM |
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OP, with all due respect, it's stuff like this I've been hearing ever since precious metals came on my radar in 2011. Gold & silver are always getting ready to explode--IF ONLY another war is started; IF ONLY stocks crash; IF ONLY [insert variable here]. And yet metals have been flatlined ever since then, which is 7 years now.
I've said this in other threads: If you're looking to park your money somewhere and want to protect it against inflation, metals might be an option, but if you're looking for an investment that's going to make you some money, look elsewhere. Metals are dead, dead, dead. I understand that the best time to buy something is when it's been beaten down to the point where it's a bargain, but I don't think there's going to be any great interest in metals for quite a while. Stocks and crypto are going to be the hottest investments for some time to come--and remember, this is a forum about bitcoin. You won't get too many people arguing against bitcoin being the better option here.
The other reason to buy metals is if you actually like coins. I do own a couple of gold coins that I like, and I have a number of silver coins that I don't plan on letting go of. Those aren't considered investments, however. Not in my book.
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