True enough but what is the value of the dollar today compared to what it was during Reagan's first term? Paper money can lose any value what so ever no matter what number you print on it.
Posted on 08/01/2019 11:48:30 AM PDT by Hojczyk
#9 I just bought a pair of premium twill pants at Walmart last night for $17.88. Made in Jordan.
You know the pants were made from old burka’s : )
“Good time to grab small cap gold and silver stocks.”
Not so sure about the last two....but the first one for sure.
Not much, they don't deal with insurrection the same way we do. What do think would happen if several Thousand Norks gathered at the border with the intention of swarming across their border?
I doubt either one will ever go down much, and if the economy crashes they will be worth more, not stocks but real coins or bullion. They will never be worthless but paper comes and goes.
Our economy has “crashed” more than a few times. Back when Reagan was first elected gold was up to $1,600 per oz IIRC. It’s not worthless, but it is worth a lot LESS, especially after adjusting for inflation.
True enough but what is the value of the dollar today compared to what it was during Reagan's first term? Paper money can lose any value what so ever no matter what number you print on it.
Thanks for reinforcing my point. 2019 dollars are worth less than 1979 dollars, yet the price of gold was higher in then than now.
The Point was Paper money can be worth zero, gold and silver will never be worth zero.
As I said, gold and silver won’t be worthless...but they CAN be worth less.
The certainly can as every stock, bond or commodity can. I real tough times lead can become a premium priced commodity especially if it is incased in a properly made brass container.
I agree that lead can be the most valuable metal!!!!
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