/biz/ - Business & Finance

>>2980682

>wasting your rising siggies so you can slavishly submit to your senses

>>1159918

It's an inflation hedge mostly. A "buy and hold" asset, a contingency.

The past 100 years or so have been a Ponzi scheme of buying shit and deferring payment to the next generation...and the next...and the next...meanwhile dollars backed by nothing are printed to pay for it. This is unsustainable and eventually the system will collapse. Fiat money has a 100% failure rate through all history. No exceptions.

This "recovery" we've had after the '08 recession has been phony. The next recession, or even depression, will be worse than ''01 and '08 combined, and in recessions, people run, in part, to precious metals, and with good reason.

Peter Schiff and Meme Maloney are right.

>>1021837

>2016
>investing in a series of 1's and 0's