Why do you invest in PMs?
- Thread starter Seven of nine
- Start date
Why the world’s billionaire investors buy precious metals
http://www.visualcapitalist.com/billionaire-investors-precious-metals/
http://www.visualcapitalist.com/billionaire-investors-precious-metals/
For me it's a great way of saving. If I had the cash, ...I wouldn't have the cash lol.
Having my savings in silver, I can't just spend it, it actually takes some effort & normally I can't be bothered. The next day I forget what I wanted to buy in the first place.
So kind of puts a 'tollgate' in between me & cash hahaha, if that makes any sense.
Also keeps it away from the thieving banksters.
Having my savings in silver, I can't just spend it, it actually takes some effort & normally I can't be bothered. The next day I forget what I wanted to buy in the first place.
So kind of puts a 'tollgate' in between me & cash hahaha, if that makes any sense.
Also keeps it away from the thieving banksters.
Exact same reason as Greg, plus I enjoy it as a hobby and love owning beautiful coins and Bullion
I personally don't see much money to be made at all. Well nothing significant. A few dollars either way does nothing for me but it's a fun way to save
Good way to save and enjoyable hobby for me
I personally don't see much money to be made at all. Well nothing significant. A few dollars either way does nothing for me but it's a fun way to save
Good way to save and enjoyable hobby for me
Seven of nine
Active Member
Good comments, especially the one made and that is to keep the borg away.
rwmmint
New Member
The beauty of PM investing these days is that you have the mainstays of Gold and Silver which convert to cash any where, anytime, but you also have access to rare metals like Ruthenium with big upside and the ability to sell and convert to cash with today's internet technologies and web platforms like eBay and others. Buying options are much more plentiful with sites like Precious Metals Purchase, Liberty Gold, and Rare World Metals Mint - rwmmint.com.
I like stacking for all the above reasons, but I really wish I had put my money into bitcoin. I would not be working right now and I still have 10 years to go. 
Seven of nine
Active Member
I like stacking for all the above reasons, but I really wish I had put my money into bitcoin. I would not be working right now and I still have 10 years to go.
There's always ethereum - some say it's going to outdo bitcoin. I just wish I understood it better
...'cause Jim Rickards told me that's what I should do.
I just want to fill up the vault box. I like the heavy feeling of that box you can hardly pull it out to get some silver out. Yeah sometimes I wish that was gold
Bitcoin and others are imo worse than paper silver and gold
you can hardly pull it out to get some silver out. Yeah sometimes I wish that was gold Bitcoin and others are imo worse than paper silver and gold
I just want to fill up the vault box. I like the heavy feeling of that box
I like that same feeling as you! I got a couple of SDBs at Guardian Vaults and both are nearly full. Guardian Vaults has a weight limit on their SDBs and I'm certain both of mine are well overweight but they haven't said anything to me yet so I'll keep adding to them!
Guardian is the best. Very happy with them. Mine isnt full as it was few months ago but im working on it... gotta love the actual metal.