Subj : Re: USD to Gold and Silver
To   : warmfuzzy
From : poindexter FORTRAN
Date : Fri May 12 2023 07:07:00

-=> warmfuzzy wrote to All <=-

 wa> This is a warning to investors:

 wa> With the USA being in a state of upcoming bankruptcy it is advisable to
 wa> convert your US Dollars into gold and silver.  Gold and silver
 wa> fluctuate significantly, but they will never be considered a bad
 wa> investment because they have intrinsic worth,

 It feels like precious metals prices have been kept low, don't know if
 there's an intention to keep money in the economy instead of having it
 land outside of the currency-go-round.

 It'd be interesting to see what happens to precious metals if the
 dollar goes sideways.

I keep some metals, mostly as SHTF barter, but by accumulating a bit
here and there, it makes a nice hedge against inflation for the point
you made.


.... "The swift blade penetrates the salad."
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