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For a long time silver and gold have been the ultimate hedge against the coming financial collapse. It’s astounding how many people believe that we are just a year or two, at most, away from a serious economic collapse.
You cannot go a week without some investor talking about why and how the economic collapse is going to appear.
Gold and silver are always the answer to the economic collapse. You see, we all worry about losing money in one way or another in that collapse. Maybe its the value of the house, maybe its the stock market, maybe it’s the dollar’s value that puts us in a bad situation.
Gold is a big deal and has many benefits. Its been currency forever and appears as such in books as old as the bible. Its a very valuable metal and there are tremendous means to use it. It’s a little high in price so it’s not the best for small purchases.
There are lots of people who believe that silver is undervalued. Not sure what that means in the long run. It valued much less than others like gold and platinum but it works for smaller purchases.
Buying in Cash
Who knows you have precious metals? If you buy in cash than people will have less awareness about what you own and what you dont own. When it comes to metals you want to pay in cash.
Trading with Metals
All that said, beware of who you trade with. The moment you pull out that gold or silver in a SHTF scenario, everyone is going to know what you got going on. They will know you likely have more of these metals. SO, most important beware that where those metals end up.