OK...so let’s say you own a “precious metal”...and you have it “stored”...where...at your house? How will you protect it? How will you use it? You gonna “shop” with it”?
WHO would want you metal if they are hungry? Sick?
I don’t understand if we are talking a serious market collapse...what good is “protecting or trying to haul around” heavy objects known as metal.
It just seems to me...that “precious metals” are JUST ANOTHER SPECULATIVE play!
New houses...were a “speculative play”
Oil was a “speculative play”
HOW is a precious metal somehow NOT a “speculative play”?
I could imagine that in the time of great hunger or sickness...how a precious metal would bring relief?
Would I as a “barterer” of a product or service...why would I want a a piece of metal when instead I would prefer food or medicine.
ASK starving people in Africa...would they rather have a OZ of silver or a 50 pound bag of rice?
PERSONALLY...I would recommend that all people OWN a bow so that when we all run out of bullets...at LEAST you can go to a tree and grab a branch and whittle it into an ARROW!
I own several handguns and 2 rifles...I also OWN a cross bow.
At least as a last ditch effort I could shoot pencils!
LOL!!!!
Speculation..what difference is there between Gold, silver, copper, oil, houses, real estate, cocaine, marijuana?????
HMMMMMM
Good call on the Bow.