Anyone stacking gold and silver?

[UncleDiLF]

Maybe we have some smart guys here.

Who is stacking here?

Or are you all consumers?

 

[UncleDiLF]

Any smart people here?



There is something around the corner. 2008 ain’t nothing.

A financial crisis we have!

Guys. Anyone here buying gold or silver andpreparing for a total chaos???

 

[Joe]

Maybe we have some smart guys here.

Who is stacking here?

Or are you all consumers?

Yeah I bought some recently

Maybe at some point I’ll get to 10 ounces.

That being said, there are inherent limitations of gold. While it can go up in value it too can crash. However it will never become worthless & crash to ‘0’ like some stocks such as First Republic bank did in the US. No matter how much it goes down gold will always be worth something. It is not really an investment but more of a hedge against inflation

I’d look to other metals such as copper, silver or platinum for diversification. Other commodities such as oil, wheat, coffee & cocoa too

 

[The Prowler]

However it will never become worthless & crash to ‘0’ like some stocks such as First Republic bank did in the US.

@Joe It will also not go 100x in a week like some stock will.

@Joe There are lower risk/lower reward potential investments....

@Joe And there are higher risk/higher reward potential investments.

@Joe This is basic investing knowledge that everyone here should already know.

 

[Oerdin]

Joe says he has caught the gold big.