pastortom1
Well-Known Member
Speculators? Since the year 2000, the dollar has devalued by about 28%. Gold has doubled in value. Silver has tripled in value. Just 2 examples.
Let's be clear..........as the dollar decreases with inflation, precious metals go up. Simple. They don't crash like stocks......they're a solid commodity that you hold yourself. .......and the most liquid of commodities. Easy to turn into cash any time you want.
If you want long term stability and protection from the dollar (a paper IOU that the world is sick of.......have you been watching the news? They've printed nearly 2 trillion in the past 2 months with NO ASSETS to back them.....that's called disaster for the dollar bills you're holding.....whether in a bank, money markets, it doesn't matter......when the value goes DOWN, it ALL goes down....because it's PAPER).....you buy precious metals.
Precious metals are for smart investors........you buy at lower levels (look at the charts), and hold long term or sell high for your gains. They represent the safest and largest return investments on the world market. They don't crash, they're never worthless, and they're always in big demand.
