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21/10/21
11:37
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Originally posted by happybear45:
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Again, where did I say they made their money off gold? You have a problem with reading I think. Rich people buy silver/gold because they get paranoid about keeping all their wealth in government controlled assets. Everyone that has enough "wealth" in fiat comes to this realization that it could be easily taken off them just by shutting down a few accounts. Wealthy criminals also know this. Non wealthy aware people buy silver/gold because they want to become richer in an economic collapse (history has many examples) or protect their family during disaster (history has many examples). There would only be a minority of people who buy it like a stock to become rich which is what you try to paint the whole movement as. I would say most people posting in this thread have some silver/gold stacked away because they are AWARE and SMART, and have a fair amount in GOLD/SILVER stocks which again, stocks are different than physical so you should differentiate between them if you are capable. And like I said before, everyone that has gold/silver stocks should go out and buy 1KG of physical silver if they want to see their PM stocks explode. Once silver breaks the futures markets gold will follow.
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I don't suppose this guy has any clue what he's talking about, because he's not a 'sophisticated' and 'educated investor' like you.https://www.ramseysolutions.com/retirement/investing-in-precious-metals