Don't Follow the Sheeple: Buy Precious Metals

in #gold6 years ago

Recently I discovered an old but brilliant video by gold spokesmen, James Grant, it is now years old but the wisdom is timeless!

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"I would characterize gold not so much as a hedge against monetary disorder but as an investment in it."
-James Grant

If you want to make money...

Don't Follow the Herd:

Buy what others do not want, be willing to be so contrarian that you may be mocked for your investments.

"Never line-up to buy anything." I love that advice!

With that in mind look at what investors mock today? Stocks, Bonds, EM, tech? Nope.

Gold, silver and over the past few months cryptocurrency.

He says, look at how people react to gold: gold is the vestigile organ of the monetary system. You can cut it out without consequence.

Be Contrarian:

But while this idea is in favour today, it is still a radically new and unsubstantiated opinion. Meaning for thousands of years bullion has been money, and during that time every single time we tried to move away from gold as money, through deficit spending, we ultimately failed and returned to some form of gold standard. Every time.

Gold investment is a contrarian position today so you have to ask whether following the herd is a good plan, and when you admit the herd never gets it right you will wisely move in the opposite, contrarian, direction.

My Plan:

Buy gold, buy silver. Buy bitcoin and litecoin. Diversify your income streams as broadly as you can, while making a brand for yourself. Steemit.com is one means to supplement income, for free, and you can start today.

Also stop taking modern convenience for granted, in the event of a major disaster, environmental or economic, food, water, and warmth will be hard to obtain; prepare today, for tomorrow, because failing to prepare is preparing to fail.

Thanks guys, have an awesome day and God bless.

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Thank you for your continued support of SteemSilverGold

they've been stuck at a good price for quite some time now

Yup. Not sure its gonna "correct" tomorrow but bullion is my play, forget stocks and bonds.

diversify! :)

Excellent advice all around!

If you insist on Buying Precious Metals, I think it would be in your best interest to buy U.S. Bullion Coins...
The Least Expensive way to get your hands on U.S. Crypto-Dollars and Cents will be by means of Physical U.S. Coinage... The Key is to be holding the Coinage, prior to the Reset...

Im gonna buy silver US coinage at end of this month. Want a bunch of quarters and dimes.

I have plenty of those myself... All of which I acquired before I came up with my P.C. Theory...
I hope you realize that the Face Value on your Silver Quarters and Dimes will be greater than the 90% Silver Content... Sounds Crazy for sure, but that's my Theory and I'm sticking to it...

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