Definitely over 60 crowd.
I am a bit of a gold bug. I firmly believe that a third of your long term security should be held in precious metals.
Back in the 90's I started buying gold and silver. When silver topped $50 I sold a bunch off. That silver sold for about 9 times what I paid for it. I took that and bought bitcoin. At that time was about $30. I consider myself extremely lucky. I've since bought more silver after the price dropped below $25.
When I cashed in silver the generic rounds, eagles and maple leafs all brought the same amount. Coin dealers will try to convince you that buying government mint coins are a better investment. That is pure B.S. to get you to pay more. If the SHTF nobody is going to give you a premium for them. Ounces is ounces.
Gold has no current use as a currency. Most people out there have no idea what a 1oz coin value in USD is. Personally I think Platinum is a better long term buy.
I used to carry some Liberty coins around with me. Several times I used those to purchase things and they were accepted at the $10 valuation that is on them. I still have a few as a reminder of what subterfuge the US Government is capable of.
That fact that bitcoin does not have any central control is what attracted me to it. I learned my lesson with E-Gold.
I am a bit of a gold bug. I firmly believe that a third of your long term security should be held in precious metals.
Back in the 90's I started buying gold and silver. When silver topped $50 I sold a bunch off. That silver sold for about 9 times what I paid for it. I took that and bought bitcoin. At that time was about $30. I consider myself extremely lucky. I've since bought more silver after the price dropped below $25.
When I cashed in silver the generic rounds, eagles and maple leafs all brought the same amount. Coin dealers will try to convince you that buying government mint coins are a better investment. That is pure B.S. to get you to pay more. If the SHTF nobody is going to give you a premium for them. Ounces is ounces.
Gold has no current use as a currency. Most people out there have no idea what a 1oz coin value in USD is. Personally I think Platinum is a better long term buy.
I used to carry some Liberty coins around with me. Several times I used those to purchase things and they were accepted at the $10 valuation that is on them. I still have a few as a reminder of what subterfuge the US Government is capable of.
That fact that bitcoin does not have any central control is what attracted me to it. I learned my lesson with E-Gold.
Gold bug here as well, you know the old sayin " if you don't hold it, you don't own it ", that is why I shake my head at the etf's and paper gold market, firstly because no one realized they don't truly hold it and secondly the manipulation.
I still like to think of the golden rule, he owns it makes the rules
