Good points and finishes some thoughts I’ve been having about money and bank accounts. What do you do, buy gold and bury it in your yard? Cash is a problem eventually with inflation. I’ve considered buying silver...
Good points and finishes some thoughts I’ve been having about money and bank accounts. What do you do, buy gold and bury it in your yard? Cash is a problem eventually with inflation. I’ve considered buying silver...
We have some precious metals. They are hard to cash in. We have to go to one of those sleezy-looking "we buy gold!" places. I went to one, just to check them out.
They were very pushy and wanted me to bring it in right away. That wasnt an option for a few reasons. They didnt care - they still wanted me to bring it in.
So, I dont know the answer to that. If you figure it out, let me know. :)
I wish I knew too, Kelly. My older sister was left silver from her husband when he died. She has used it carefully over the years. She does go to a precious metals place like you mentioned, but I went with her once and it was not one of the sleazy places. They were like a bank / safe, with strong security and very clean and respectable feeling. I don't know how many are like my experience vs yours? Did you look around? And now I'm wondering about banks... do they not deal with precious metals anymore? Not that I trust them either.......... With what's happening in the world, I can't help but want protection for my retirement fund, so it's there when I need it. I got out of the stock market for obv reasons, am avoiding bonds too for obv reasons.
I checked it out quite a bit today. I totally know what you mean. It "appears" quite secure. I'm not finished my research but I'm glad to have the chat with you! Thanks
Currently, Silver is in demand as a necessary metal in solar panels. As the cost of electricity climbs, demand for solar panels will increase. However technology of the future (past 2024) may replace the need for so much silver in each panel - https://resourceworld.com/how-much-silver-is-needed-for-the-solar-panel-industry/
Thanks Harold... You were posting so much about c19 along this post, I'm fearful of you being a troll... but this's a legit comment and appreciated. I hope you're not a troll!! lol
Jeff's substack deals with C-19 issues so posting on a few unrelated topics only means I'm a proud, contributing member supporting Jeff's efforts.. Thanks for the warm comment.
Good points and finishes some thoughts I’ve been having about money and bank accounts. What do you do, buy gold and bury it in your yard? Cash is a problem eventually with inflation. I’ve considered buying silver...
We have some precious metals. They are hard to cash in. We have to go to one of those sleezy-looking "we buy gold!" places. I went to one, just to check them out.
They were very pushy and wanted me to bring it in right away. That wasnt an option for a few reasons. They didnt care - they still wanted me to bring it in.
So, I dont know the answer to that. If you figure it out, let me know. :)
I wish I knew too, Kelly. My older sister was left silver from her husband when he died. She has used it carefully over the years. She does go to a precious metals place like you mentioned, but I went with her once and it was not one of the sleazy places. They were like a bank / safe, with strong security and very clean and respectable feeling. I don't know how many are like my experience vs yours? Did you look around? And now I'm wondering about banks... do they not deal with precious metals anymore? Not that I trust them either.......... With what's happening in the world, I can't help but want protection for my retirement fund, so it's there when I need it. I got out of the stock market for obv reasons, am avoiding bonds too for obv reasons.
This looks interesting https://www.jmbullion.com/sell-to-us/
Oooo...there is no way in hell i would ship gold or silver. I am sure they regularly "dont get delivered" nor returned.
Lol....I no longer trust banks. I trust the USPS even less. Thanks for the suggestion, tho! <3
I checked it out quite a bit today. I totally know what you mean. It "appears" quite secure. I'm not finished my research but I'm glad to have the chat with you! Thanks
Currently, Silver is in demand as a necessary metal in solar panels. As the cost of electricity climbs, demand for solar panels will increase. However technology of the future (past 2024) may replace the need for so much silver in each panel - https://resourceworld.com/how-much-silver-is-needed-for-the-solar-panel-industry/
Thanks Harold... You were posting so much about c19 along this post, I'm fearful of you being a troll... but this's a legit comment and appreciated. I hope you're not a troll!! lol
Jeff's substack deals with C-19 issues so posting on a few unrelated topics only means I'm a proud, contributing member supporting Jeff's efforts.. Thanks for the warm comment.