Quote:
Originally Posted by jscott
You can buy gold/silver at OneGold, can setup auto weekly buys 
You have to pay a storage fee, but you can also request for them to send you physical gold |
IMO people should do their research into the issues with paying a company to store your precious metals, the issue is the counter party risk. A lot of these companies store their gold/silver through banks that then use third party vaults to store your PMs.
So if the banks collapse then you're just a creditor of the bank and you're left with nothing
The benefit of PMs is zero counter party risk, if it's not in your hand you don't own it.
Although that doesn't stop governments issuing an executive order that bans private ownership which was done before (April 5, 1933 in the US)
Quote:
Originally Posted by jscott
Keep in mind, the inflation rate comes from the CPI, which is another way "they" scam the poor.
They say 2%/year, believe that if you want, or find out what products contribute to CPI, just sayin' ;)
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Shadow Government Statistics - Home Page is a good site I follow but it scares the shit out of me at times reading their figures
