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21

May

Whats the point in buying gold and silver?

Posted by admin as Platinum Bullion

Recently, our economy went down and people started getting into the fear that paper money would be useless. Then on the internet people started posting videos on youtube which people were talking about buying silver, gold, and Platinum Bullion on may different sites. I think this is really freaking stupid as some people just used the recession as a tool to trick people into buying their gold or silver.

Believe what you want to believe. The government is spending trillions of dollars a year that it does not have. It is basically printing more money, faster and faster, and this is a recipe for inflation.

Gold and silver will get you through times of inflation much better than paper dollars.

Grandpa

Artemisc says May 22nd, 2010 at 5:03 am

Some people like the security that something with a bit of heft gives them. And while the value of gold and silver may vary, it will always be worth something. Yes, a lot of people made a lot of money off people’s fears.
References :

Computer Guy says May 22nd, 2010 at 5:30 am

Believe what you want to believe. The government is spending trillions of dollars a year that it does not have. It is basically printing more money, faster and faster, and this is a recipe for inflation.

Gold and silver will get you through times of inflation much better than paper dollars.

Grandpa
References :

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