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Gold and Guns.
Posted: Mon Jun 01, 2020 7:09 pm
by toad
I noticed that in 1935 Hitler made it illegal for private citizens to own gold. Notice the asshole don't want the peasants own either guns or gold. I'm not a gold bug per se and I remember that even the Swiss are quoted as not having more than 10% of your assets in gold. I suppose the thing to do would be o balance out your assets every year . That is if gold goes up sell some and buy stocks and bonds . Current events show that you should have investments in ammo and firearms. Opinions any one ?
Re: Gold and Guns.
Posted: Mon Jun 01, 2020 7:10 pm
by toad
toad wrote: ↑Mon Jun 01, 2020 7:09 pm
I noticed that in 1935 Hitler made it illegal for private citizens to own gold. Notice the asshole don't want the peasants own either guns or gold. I'm not a gold bug per se and I remember that even the Swiss are quoted as not having more than 10% of your assets in gold. I suppose the thing to do would be to balance out your assets every year . That is if gold goes up sell some and buy stocks and bonds . Current events show that you should have investments in ammo and firearms. Opinions any one ?
Re: Gold and Guns.
Posted: Tue Jun 02, 2020 8:32 am
by D5CAV
Gold is good, but my investment advice to friends is "plata y plomo"; silver and lead. Make sure you have some iron to throw the lead.
No one is going to confiscate silver.
They may try to confiscate lead, but I will give it to them first.
Re: Gold and Guns.
Posted: Tue Jun 02, 2020 10:37 am
by Termite
D5CAV wrote: ↑Tue Jun 02, 2020 8:32 am
No one is going to confiscate silver.
My experience with silver is that it is a PITA to move "junk" silver, IE pre-1964 coins. Most dealers try to rip you off. I know this is a fact, at least in my area(Shreveport to Lafayette). There was only one dealer who would give me a fair price.
Silver bullion is easier, it sells a bit below daily spot rate.
Re: Gold and Guns.
Posted: Tue Jun 02, 2020 2:38 pm
by toad
I kind of forgot about silver bullion.
Re: Gold and Guns.
Posted: Tue Jun 02, 2020 9:42 pm
by BDK
TMK, platinum is still below mining cost.