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RE: Gold and Silver for Investment, or for Insurance? (Don't Forget Bitcoin)

in #money7 years ago

I thought you meant insurance insurance at first lol.. Yes gold and silver should be worth more.. Silver should be worth a lot more I think.. And in the event of a crisis they will both go drastically up.. I was thinking I would get a little silver, a couple thousand lighters, and then just start stacking up bullets. Those 3 things will keep decent value in the event if a bad currency happening. I have just dedicated sooo much time lately into the crypto space. I already have 15 years of food storage ready. but realistically it will probably go bad before I need it, bah!

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LOL! Yeah I prepped at one point in 2008 or so. But the crash didn't come, just more inflation of new bubbles to keep the fantasy going. So prepping is a bit annoying in that respect. I ended up moving back to the city :P As long as people want to believe things are great, they will support all the "reforms" that prevent us from hitting bottom for the first time in decades in order to reset us to the equilibrium of reality. Silver is like 70x undervalued compared to gold alone even now.

It can't bubble forever though. And I feel sorry for the people living in the cities when that happens really. I hope it never does. But I see how the fed operates.

And ya that's why I'm thinking silver is the better one than gold right now. It's so far off it's historical average..

I like toast 🍞