Why the World’s Billionaire Investors Buy Precious Metals

Courtesy of: Visual Capitalist


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4 Comments
Anonymous
Anonymous
June 11, 2017 10:51 am

There are two basic principles for gold traders and investors.

Always talk it up when selling.

Always talk it down when buying.

As for me, I ignore those two principles since I’m not a pro investor but I say buy, buy, buy! You’ll never find a better time to do it.

Fiatman60
Fiatman60
June 11, 2017 11:57 am

Gold is an insurance policy against financial failure. It provides wealth preservation in times of turmoil. That’s it!!

suzanna
suzanna
June 11, 2017 12:07 pm

The average Joe might get some silver for fiat.
Can’t hurt. NOT to “get rich” but a $25 silver ounce
will likely buy you some food or fuel. If you are offering
green pieces of paper, you may not get much if anything.

All the smarties have been (quietly) saying the dollar will
go to 1/2 value in purchasing power due to fiat printing,
trade deficits, and debt. We may well see new paper.

The bankers will be paid even if they start collecting assets
to get their owed value/$.
Hey, KD, don’t kill the Zuck because he sells advertising for access.
Consider there are far more devious dudes out there.

Last, I think a few zeros belong added to the “net worth” of
the banker dudes.

Anonamus
Anonamus
June 11, 2017 2:32 pm

Rothchilds net worth only $5 Billion? Last I heard the whole Rothchild family worldwide was worth $1,500 Trillion / not Billions. That is a lot of Trillions of Dollars. They sure got Wall Mart outclassed!