Gold and silver prices are down

What are some reasons why one would start stacking gold and/or silver ? Is it in investment ? Or collection ?

My main concern is the fact the US government has set up laws so banks or brokerages can take some or all of your money if there’s a financial crisis.

So I want assets that they can’t take from me with a keyboard. Gold, real estate, guns, vehicles etc.
 
Depends who you trust

Buy GLD instead of physical gold? 🤣

Yeah, in the fine print for GLD is the clause that they can refund your money at yesterday’s price. So you wake up tomorrow and gold has been revalued from $1850 to $10,000. You get excited and check your GLD, and find the fund is closed and they refunded you your money at $1850. 😂
 
My main concern is the fact the US government has set up laws so banks or brokerages can take some or all of your money if there’s a financial crisis.

So I want assets that they can’t take from me with a keyboard. Gold, real estate, guns, vehicles etc.
Funny, I was talking to some Free State folk in Manchester yesterday (can't throw a goldback without hitting a freestater), and he said that is why he hold bitcoin. Claims he could literally walk across the border with nothing except what is in his head, and not be without assets once he gets hand on a keyboard in his new home country.
 
I wonder if gold will pop on the overnight trading tomorrow due to this new front on the West bank.
 
I’d just use EBay, order from Apmex. Prices are better than ordering direct from Apmex.
I ordered the 10 silver Maples that Walmart had, got them for $251 and change then sales tax but free shipping and they arrived yesterday shipped direct from APMEX. (And no addition charge for using a credit card as you would if you ordered direct from APMEX)
 
I ordered the 10 silver Maples that Walmart had, got them for $251 and change then sales tax but free shipping and they arrived yesterday shipped direct from APMEX. (And no addition charge for using a credit card as you would if you ordered direct from APMEX)

Walmart is purely a digital middleman so should be as safe as buying direct (and cheaper as you found).

$25/maple is not bad at all! Maybe cause the US mint increased production?
 
I ordered the 10 silver Maples that Walmart had, got them for $251 and change then sales tax but free shipping and they arrived yesterday shipped direct from APMEX. (And no addition charge for using a credit card as you would if you ordered direct from APMEX)
Comes out to $274 for me with tax.
 
Yup, I also had bought a couple 1/10 oz gold philharmonics and 1/4 oz gold maple. My only problem was I was not smart enough to get them all at the same time from the same vendor to not have to pay sales tax.
 
Funny, I was talking to some Free State folk in Manchester yesterday (can't throw a goldback without hitting a freestater), and he said that is why he hold bitcoin. Claims he could literally walk across the border with nothing except what is in his head, and not be without assets once he gets hand on a keyboard in his new home country.
100% One of the original points of the stuff. Better than sewing gold tenths into your hems.
 
Oh look, gold is $1907.

$1900 gold is like the gift that keeps on giving. :rolleyes:
The war premium just keeps giving and taking. Ground assault in Gaza will cause a bigger spike but we also have too many confluent factors like debt ceiling, lagging rates, corporate earnings, safe haven plays, etc, to name but a few.
 
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