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?

Actualy im not so much expert and know the main reason why the older generation much love the precious things like silver or gold ,because in my own thought the value and the shining of gold /silver can attract more people and can define you on whats is your status in the society if you have own this kind of wealth,thats why more people want this kind of wealth compare to the crypto coins ,its only digital figures cannot seen by many.

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