Gold outperforms Dow Jones and S&P 500 over the past 50 years (1971-2020)
Why are investlets still toying with stocks and bonds?
Brayden Williams
You want to know anything about your local mineral wealth and how to access it, ask it here, I will be making each answer as short and sweet as possible.
Your basic tools >shovel / pick, spoons, gold pan and sniffer bottle.
I would maybe spend 2-3k on gold and silver and the rest on crypto. Gold and silver are just going to sit for a while, you can actively make money with crypto and its about to blow up like crazy
Kayden Jenkins
IMHO crypto has more upside short term, planning on selling almost all my crypto when Bitcoin breaks $100k and putting a good chunk into PM's.
I just stick to legit store of value cryptos (minable) and avoid all the smart contract bullshit.
I'd like to invest in real estate but I'm afraid that USA is going commie which makes real estate a bad long term investment.
Jonathan Morales
How to justify the high premiums I'm paying right now to my boomer dad? He made some good points about the premiums and also the difficulty of selling at a profit if dealers/buyers will give you spot price but you paid $5-10 or more on top of spot just to get the physical in your hands. Premiums on even junk silver are fucked right now.
Owen Mitchell
Are you spending your dad's money?
Benjamin Carter
No but I told him about buying silver and he said it's fine as a hobby but I probably wouldn't ever make back what I paid to get into it.
Sebastian Reed
99% chance he lives with his dad and doesn't pay rent, so probably
Isaiah Howard
IMHO PM's aren't for getting rich quick, they are for hedging against inflation and protecting wealth.
They are also fun to look at and go *PING*
You can also fantasize about countries adopting gold or silver backed digital currencies which would make them fucking moon, but it's unlikely.
Get some gold. You have to remember the central banks are stacking gold. They care not for silver.
Thomas Reyes
Yeah I said I was buying for long term price increases and accumulating some actual assets. Might be better just to stack a couple hundred dollar bills every month though, even factoring in inflation. If dollar inflation gets as bad as fast as the people on this board say it will get then I doubt my roll of mercury dimes will save me from the shit we are in at that point.
I cancelled my order w/ gainesville coins for some 10oz Mason Mint bars because no one could verify Mason Mint and some people reported issues w/ gainesville coins
could not find an address on the website for Mason Mint... did not feel legit enough to me, but I could just be being paranoid. Does anyone have experience with Mason Mint? Should I re-order or just pay the extra for Sunshine Mint or somehing else of Apmex / JM Bullion / Scottsdale?
