In the coming bear market for currencies and bull market for precious metals, gold and silver will not just maintain purchasing power but massively outperform and become the must have investment.
But above all, do not buy gold and silver for speculative purposes. Gold and silver is your insurance against the coming end of a monetary era when all currencies and bubble assets will implode.
Egon von Greyerz
March 24, 2021
WHY BUY GOLD WHEN THERE IS BITCOIN & TESLA
[I’ve been hearing hints of the coming collapse for 20 years now. And “it has to happen soon” since 2008.
And, of course, if you dig just the tiniest bit most people, including this guy, advocating precious metals just so happen to have some precious metals they would love to sell to you.
They may still be right. But I’m very skeptical of those who have some direct gain from people taking their advice.
And everyone who claims gold will “preserve your wealth” seem to gloss over, at best, that Roosevelt banned the private ownership of gold by executive order and got away with it. So, what’s the path to wealth preservation when your wealth is tied up in contraband?—Joe]