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Re: JohnCM post# 336

Saturday, 11/17/2018 3:46:38 PM

Saturday, November 17, 2018 3:46:38 PM

Post# of 1951
I bought some gold coins and a little silver and platinum in the mid-2000s when I started getting scared about the stock market a couple years before the junk mortgage crisis back in 2008 but none since then so I'm not really the best person to ask about precious metals. Gold doesn't always do well during market crashes but more often than not it has proved to be a good hedge when investors freak out as equities plunge and everybody gets crushed trying to exit at the same time...

https://goldsilver.com/blog/if-stock-market-crashes-what-happens-to-gold-and-silver/

There is so much overwhelming debt in the US and most other countries right now that I think gold might prove to be a great place to stash some cash but each investor will just have to make that decision for himself...

https://www.barrons.com/articles/gold-is-cheap-inflation-is-coming-you-do-the-math-1537582480?mod=barpkt19

Precious metals are probably not the best place to park your money over the long haul but if things do get ugly it might not be a bad idea to have some tucked away just in case. Along with a rifle and ammo, some bottled water and a bunch of MREs...LOL. Just kidding...I'm not really a survivalist.

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