Quote:
Originally Posted by retiredguy123
Gold and silver are not growth investments. They are a commodity speculation.
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I'll respectfully disagree. Gold and silver are an age-old way to store wealth. The purchasing power of the dollar has steadily declined since Nixon took the US off the gold standard. Factoring in inflation, real interest rates currently provide a negative yield. The Fed is currently printing 'thin air money' and the government is spending literally trillions of dollars that really don't exist. Gold and silver are a far better way to maintain wealth without losing value like our fiat currency does.