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  1. 10-16-2013, 15:44 #1
    Dave_L
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    I think you're missing the point. MOST people aren't buying it in hopes of turning a profit. It's an insurance policy against the dollar going to crap. You don't buy a home insurance policy as an investment. You buy it in case your house is totaled. It gives you money to start fresh. It's the same idea behind PM's. Dollar goes to $0, you can have valuable metals saved up to buy goods when things bounce back. Not just valueless paper bills. PM's will always have SOME kind of value in a market. Dollar bills may not.

    "When there's blood in the streets, buy real estate"
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  2. 10-16-2013, 15:55 #2
    encorehunter
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    Quote Originally Posted by Dave_L View Post
    I think you're missing the point. MOST people aren't buying it in hopes of turning a profit. It's an insurance policy against the dollar going to crap. You don't buy a home insurance policy as an investment. You buy it in case your house is totaled. It gives you money to start fresh. It's the same idea behind PM's. Dollar goes to $0, you can have valuable metals saved up to buy goods when things bounce back. Not just valueless paper bills. PM's will always have SOME kind of value in a market. Dollar bills may not.

    "When there's blood in the streets, buy real estate"
    This makes much more sense. I was looking at it totally as an investment.
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  3. 10-16-2013, 17:37 #3
    <MADDOG>
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    Quote Originally Posted by encorehunter View Post
    This makes much more sense. I was looking at it totally as an investment.
    Really? After 10 pages?

    DaveL, you should teach calculus!
    "The best argument against democracy is a five-minute conversation with the average voter." Sir Winston Churchill

    “It is well for that citizenry of nation are not understand banking and money system, if they are, I believe there would be revolution before Tuesday morning.” Henry Ford

    My feedback: http://www.ar-15.co/threads/33234-lt-MADDOG-gt
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  4. 10-16-2013, 20:06 #4
    Sawin
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    Quote Originally Posted by <MADDOG> View Post
    Really? After 10 pages?

    DaveL, you should teach calculus!
    I had the same thought... *shrug*
    Please leave any relevant feedback here:
    Sawin - Feedback thread.
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  5. 10-16-2013, 16:41 #5
    roberth
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    Quote Originally Posted by Dave_L View Post
    I think you're missing the point. MOST people aren't buying it in hopes of turning a profit. It's an insurance policy against the dollar going to crap. You don't buy a home insurance policy as an investment. You buy it in case your house is totaled. It gives you money to start fresh. It's the same idea behind PM's. Dollar goes to $0, you can have valuable metals saved up to buy goods when things bounce back. Not just valueless paper bills. PM's will always have SOME kind of value in a market. Dollar bills may not.

    "When there's blood in the streets, buy real estate"
    Thank you.
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