Buying physical gold/silver

485,971 Views | 2804 Replies | Last: 10 hrs ago by TTUArmy
TTUArmy
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maddiedou said:

Does it realy matter what gold silver and the s&p has done against each other

If I had my chance again I would invest in real estate

Ag exempt real estate in the 2000 era
Thats an investment

Just simple comparisons to validate market values and gains over time. It looks like you've kind of made one with real estate.

One of the primary reasons I began allocating into physical gold and silver is due to getting burned by the market...twice...2000 and 2008. Fortunately, I've made most of it back.

Before getting wiped out, I had never really considered the history of money or asked the question "what is money?" All I knew was that I had to invest, make money work for me using the markets, and pray I had enough for retirement. I want to say I started down this rabbit hole in 2009 trying to understand the significance of bitcoin as a medium of exchange.

In reviewing history and also listening to Ron Paul, I began to understand the insidious nature of the Federal Reserve, inflation, loss of purchase power, booms, busts, and how Fed policy allows/fosters politicians to be derelict in their stewardship of taxpayer dollars. In my opinion, the Fed is the biggest "buy now/pay later" scheme in history.

And the markets...there's nothing truthful there...it's gambling of high order. Yes...some have developed the ability to "count cards" when playing the market game and do pretty well. I allocate money to a "financial advisor/gambler" to play the game for me because I just don't have the stomach for it anymore. He makes me money, but like social security, I don't plan to see a dime of it when this game ends...and mathematically it will end. Overall, we're forced to play this illusory game or live hand-to-mouth.

Gold and silver provide a little piece of mind.

maddiedou
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AG
Yes. I agree with the gambling

My dentist big time liberal when the market went down because of tariffs

I told her all your doing is gambling with a bunch of crooks who doctor the books for you to invest and only the insiders know what to really do and that is also why I got out of the market

Because I sucked at it

I made some decent investments but unless you sell it atill means nothing in the bank account

I tell everybody that thinks I have money. Nope. My kids will have money because unfortunately hard for me to ever sell anything so I ride it all the way up and all the way down
maddiedou
Red Pear Realty
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Sponsor
AG
Gold at $3,527
Silver at $40.80
Sponsor Message: We Split Commissions. Full Service Agents in Austin, Bryan-College Station, Dallas-Fort Worth, Houston and San Antonio. Red Pear Realty
Yukon Cornelius
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AG
41 now
TTUArmy
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Checked the precious metals portfolio tonight...

 
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