The age old safe havens precious metals are being ignored ...

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  • dogtag
    Senior Member
    • Sep 2009
    • 14985

    #1

    The age old safe havens precious metals are being ignored ...

    in favor of Bitcoin. Bitcoin doesn't exist in as much as you can't hold
    it in your hands like you can with metals. I doubt that everyday
    Joes and Jills are buying it at 60 grand a coin, but the billionaires are.
    Why when the only value it has is if you can sell it to someone else
    for hopefully more than you paid ?
    I don't profess to understand why something that only exists in a
    computer has become so widely popular with banks worldwide.
    China doesn't want any part of it, nor would I if I had the funds.
    But I can afford only silver, food and ammo. They're my safe havens.
    Anyone want to buy a Tulip ?
  • Fred Pillot
    Senior Member
    • Sep 2009
    • 448

    #2
    Pyramid schemes. Remember when "everybody" was "into it"? Until the house of cards come tumbling down.
    Fred Pillot
    Captain
    San Jose Zouaves
    1876

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