Van Posted February 6, 2016 Report Share Posted February 6, 2016 We stand on the precipice of the greatest financial unwinding in living memory. Everyone knows the system is rotten to the core, unsustainable, and we have run out of road. From here on in, it's mainly about return of capital and protecting your wealth. I have begun to buy physical silver coins (UK VAT-free if you use SilverToGo), as I believe these are without doubt the best play in town right now. I will continue to buy right through the coming crisis. Gold will of course also have it's place. After a 4+ year bear market there has never been a better or more appropriate time to buy precious metals. The reasons everyone was screaming about to own goldin 2011 are even more today than they were then. Do not be fooled that the FIAT system is not destined to fail. There is something very different about being a holder of physical than there is about "owning" paper gold. You are happy to hold it through large fluctutations that you wouldn't be willing to tolerate when trading it electronicallly. That doesn't mean that I don't see a place for trading gold and gold shares in my future, but with physical as an unleveraged play you want to accumulate it as insurance. Gold & Silver ARE money. They are wealth. Buying & owning then you are protecting your long term wealth. Link to comment Share on other sites More sharing options...
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