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To: Toddsterpatriot

You do understand the difference between money and currency, right? Who fared best in the Wiemar Republic? Those with paper currency, or those who preserved their wealth with gold and silver? Gold and silver have been the world’s money for 6000 years. I think that pretty well trumps the past 200 years. Knowledge of history is the key to successfully navigating the future. When you talk about using gold and silver in this manner you’re talking about wealth preservation, not an investment strategy. Short term gains or losses are meaningless.


23 posted on 03/02/2014 7:20:24 AM PST by Thermalseeker (If ignorance is bliss how come there aren't more happy people?)
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To: Thermalseeker
When you talk about using gold and silver in this manner you’re talking about wealth preservation, not an investment strategy.

Wasn't very good preservation from 1980-1999. Or 2011 until today.

Short term gains or losses are meaningless.

Unless you need to sell some today.

24 posted on 03/02/2014 7:25:23 AM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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