User 30121

The Safest Ways to Invest in Gold and Silver

Jason, Jason, Jason:

I will take umbrage with your advice. First, putting ANYTHING of value in a safety depost box in a banking institution is INSANE, period. Reason: Should Obama decide to do away with the owning of gold (or anything of value) the FIRST place to be ransacked by your government is safety deposit boxes. Telling UNEDUCATED investors to buy ANYTHING of value using PAPER as their proof of wealth is also INSANE, and is a disgrace coming from you, educated on such matters. PHYSICAL OWNERSHIP is the ONLY way, period. Paying premiums? Well, one must shop for ANY items of need or want, right? Same with gold and silver. At this writing, we are at a time when buying precious metals is a MUST. Prices are at basement levels. If you think not, just wait a few weeks. Before the first pitch of baseball season 2009, gold will be four digits. The only question is what will be the FIRST digit???

Oh, I have to safeguard my gold and silver? Fine. I can do that. Oh, maybe someone will rob me, huh? Well, I have educated myself about the firearms I have in my home, I have a concealed weapons license, I go to the firing range at least monthly. So I feel confident I can protect my family, AND my other precious items. Be careful of the advice and recommendations you dole out.

Ian McAvity on the Economy and Gold

I LOVED this Q&A. Marvelous! What about IM on the Economy and Silver? Can (or should) we individual investors "replace" gold with silver as a vehicle for store of value? Thank you so much!