Just pretend for 18 seconds that you aren't brainwashed by the almighty fiat dollar and you will understand why this statement is completely ridiculous. And I'm not saying that to you in a demeaning way because 99.8% of people in America think that way.

Nobody in human history going back 6,000 years has ever gone wrong owning gold and silver. It is literally impossible to go wrong owning either.

Saying that owning gold is a gamble is like saying drinking Evian water is a gamble.

You need to understand that REAL stackers are not converting fiat to silver to get back more fiat. There are in fact a lot of gold/silver bugs that do not understand this either. They bought in on silvers run up valuing silver in fiat and think they lost because they value it in fiat.

Real stackers who understand gold is money don't give a damn what the fiat price is.

So Michael if we go say 10 more years with no implosion of the system, will you still think that "nobody in human history going back 600 years has ever gone wrong owning gold and silver"?

Assuming all they did was stack and they didn't invest in the markets to help pay for retirement, is 10 years enough for you to think it was a mistake? Help me out with a time frame here.

You tell me the period of time when a person was considered a dope for owning gold and silver.

Maybe the 14th century?

A couple thousand years B.C.?

Tell
Me the exact date or period of time when owning gold was stupid.

I like rafikiki, Brian the mick and even mr baseball. I kinda of want to send you each a roll of silver for the explicit reason that when society collapses you can use it to bribe govt agents to give you safe passage to me. Kind of like the Jews who escaped through the forests to safety during ww2. But you have to use it for safe passage to get to me and I'll give you guys and your families free rent in my huge apt complex that I was able to buy for a few ounces of gold.

Just so I can hear you still tell me that gold and silver are still just shiny useless metals.

How do you know? How are you determining value?

obviously not by comparing the price to other goods, commodities, currencies, or anything else that is traded regularly. silver holds its value because he *knows* it holds its value.

coming from someone who likely has nearly as much or even more gold/silver than you...

right now?

I might own more gold than Michael. But as a percentage of my net worth it's tiny.

It is actually right in the middle to upper part of its historical range compared to other real assets.

Of course, reality doesn't matter.

If we get to a time where you can buy a huge apartment complex for a few ounces of gold, someone with a bigger gun, maybe the government, will take your apartment complex. Just put your money in hookers and blow now.

Yeah I was gonna add to that line of thought. Honestly if/when banks fail and money is no longer money, it's a serious survival/defence plan that you need. I don't even know how you'd keep gold safe once anyone got wind you had it. You'd need a militia.

If you have a large net worth I think big bags are a good idea. If you have a small net worth I think small bags are a good idea.

I am not talking about of both sides of my mouth. You are confusing my comments on economic theory with an investment strategy.

Gold and or silver play a roll in a strong portfolio--that is a comment on investment strategy.

Gold and silver are a better medium for money than government fiat. That is economic theory.

And you still end up Negan and Lucielle's bitch

Wealth is measured in ounces. Owning silver and gold = wealth.

When fiat fails gold/silver will become the most sought after currency.

Money is no longer money? Fiat is not money. It is a debt instrument.

The fiat equivalent of one ounce of silver barely buys you a burger, fries, and a beer. Yet when fiat fails like in Argentina and silver resumes its natural role as money you can buy 3-4 months worth of food.

People today..... Like say..... Insurance agents, who provides absolutely zero real value for society are earning in fiat say $150/day which is the equivalent of 10 ounces of silver per day.

That just flies in the face of reality when it comes to wages being paid throughout history and even in much of the world today. Some chick working a rice paddy farm creating real value for 2$ a day has to work a week before she can acquire that silver ounce. Yet some worthless shmuck fleecing people for insurance of which they will never need is making the equivalent of 10 ounces of silver a day?

It's 100% backwards and there is going to be such a massive pendulum swing when the yuan gets back by gold or something of that sort.

China has been sponsoring to their citizenry to buy silver and gold for over 8 years now, there is a reason they are telling them to do that.

How many oz of gold do you have Michael? And how many guns?

I have 4 AK-47 VEPR's from the famous Russian MOLOT factory. FIME group just started importing them.

1 Daniel Defense DD5V1 AR-15

1 Daniel Defense DDM4 ISR integral suppressor generation 2. AR-15

1 micro Draco AK-47 pistol

And 2 ZASTAVA M92 PAP AK's

22 ounces of gold and about 800 ounces of silver.

Alright, I guess you're equipped to keep that gold safe, lol

Until the lizard people shoot his ass up with a drone.

Hate them not spiking there

That is some awesome stackage! Well done. That micro ak47 is so cool, here is a video in case anyone wants to see one in action. It's a nice concealed carry as well

If someone pulls a knife on you and you whip out a mini AK, I think you are in pretty good shape lol.

So you can probably stop someone with only 8 assault rifles. When that gold is worth millions, you're going to need to stop people who believe they will starve to death if they don't get it.

I'm tired of playing call of duty. Hope they bring it on.

I struggle some nights on the decision of whether to watch Brazzers or hickock.