/biz/ - Business & Finance

>>57140310
>I have zero faith in anything save for what I can touch

This is the reason you buy precious metals and keep them yourself rather than store them somewhere else. Diversification is another reason of course.
Stacking silver or gold is mostly about a somewhat low risk and inflation proof investment, more so gold than silver. If you've got spare cash lying around and are happy for it to sit as gold for 20+ years then that's why you buy precious metals. You don't run the risk of your "safe" stock suddenly becoming worthless because the CEO diddled a kid or the government changed legislation that made them profitable. You don't run the risk if property values tanking or new tax laws making your investment a monthly loss. Precious metals are about protecting your money, not earning you money.

People talking about precious metals hitting the moon are idiots. IF society were to collapse, having shiny rocks won't save you and if anything will make you more of a target. Straight after a collapse and for quite a while afterwards things will be extremely chaotic. Resources, tools and experience will be most important. Silver coins won't help if you don't have food, clean water or a know how to treat a bleeding wound. Silver/gold would be for the stable period after the collapse, when large communities have formed and need a form of currency to trade resources.

It's all a meme. I personally stack because I like coins and think they're neat. Pic related is my commemorative stack, around 150 tr oz.