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RE: Gold & Silver - Look at 10yr Historical Charts VS CPI
That last line says it all!
A simple risk/reward analysis will work wonders.
Lets take silver. 16.87/oz right now.
If you bought now and silver goes to zero. (won't happen but whatever) You lose your $16.87 and have some paperweights. We know that silver can bounce up to right around $40. So we risk $16.87 for a potential $20+ gain. Just buying and holding would save you more due to inflation than having that same fiat in a savings account.
Great post! Followed and upvoted.
Excellent point that holding gold/silver saves more due to inflation than fiat in a savings account.
We are at a point where we can at least maintain wealth with gold/silver, while all fiat currencies lose value. Thanks for your comment.