Some think the world is ending the financial markets will collapse and they can buy food with gold. They also look at the history of the price of gold. For a long time it was frozen at 35 so they see that as the original value then when it was free market it went to a market value. I remember about 1984 it was around 900 and gold bugs everywhere, then it fell like a rock then rose again. People don't look at what other investment would have done the last 30 years but if you double gold from 900 to 1800 you didn't really win.
Gold coins or bars have been used to hold wealth where the government can't take it.
i think gold and silver is more safe and i trade on commodities using a gold and silver EA but because i face some problems with my VPS providers thats why i remove it few days ago. may be after geting new vps account i will start using it bcs its give me slow but constant gain
Ready for WW3
Gold and Silver seems like a pretty terrible investment to me. Gold especially since Silver has many uses in industry and technology. Copper even seems like a better investment in many cases.
Do people invest in silver and gold because it appreciates in value or what?
It doesn't produce an income so I don't see the benefits...
Tell me the benefits of investing in both? Please and thank you