Quote from: sino22 on October 05, 2018, 08:26:41 AM

Quote from: squatz1 on July 09, 2018, 05:05:13 AM

I'm not one who would invest in precious metals, but I have noticed that a good amount of the older generations are pretty keen in investing in these metals. They see it as a way to bet against the market, and a security that will always be safe -- even in the times of a market downturn/country failure as a whole.

I personally wouldn't even want to buy these metals in those events, as I don't see the reason to. I'd rather invest in securities that go up when the market shits itself (Payroll lending companies and so on and so forth)

Does anyone here know the reason behind people loving precious metals?

some people like precious metals because in terms of safe security, in terms of price which also does not contain a lot of losses, high public interest in the metal is due to the precious metal being considered a safe investment instrument

well, actually not only people who used to invest in gold and silver, but nowadays people are still trying to invest in that. well, it's very reasonable if it's done, because it's a real investment whose price is always increasing.