People are keening about imminent nuclear holocaust...
but the gold and silver markets certainly don't reflect actual concern. Look at this six-month chart of gold, priced in U.S. dollars:
The silver chart is similar:
If the $2.50/ounce price drop in silver from early September until early December is any indication, no one is seriously worried about our world being one crazed dictator's or reactionary world leader's disappointing breakfast omelet away from global thermonuclear war.
Sorry to break the news to you, panicky CNN devotees, but, similar to a world awash in supposed climate change fears with no reactionary immediate mass exodus from coastal cities, your behavior doesn't support the talk. Instead, you seem to be more than willing to keep piling your investments into paper.
Of course, the counter-argument is that no one is stockpiling gold or silver right now because they don't see any reason to have any wealth or stability or bartering power post-apocalypse - they would rather just be dead than face the aftermath. If this is truly the case, I would be interested in acquiring all precious metals you wish to offload. Contact me via the comments section with your holdings and address, and I will be more than happy to take your gold/silver/platinum/palladium in the form of poured or minted ingots/rounds/bars and/or government issued coins/medals off your hands.
The silver chart is similar:
If the $2.50/ounce price drop in silver from early September until early December is any indication, no one is seriously worried about our world being one crazed dictator's or reactionary world leader's disappointing breakfast omelet away from global thermonuclear war.
Sorry to break the news to you, panicky CNN devotees, but, similar to a world awash in supposed climate change fears with no reactionary immediate mass exodus from coastal cities, your behavior doesn't support the talk. Instead, you seem to be more than willing to keep piling your investments into paper.
Of course, the counter-argument is that no one is stockpiling gold or silver right now because they don't see any reason to have any wealth or stability or bartering power post-apocalypse - they would rather just be dead than face the aftermath. If this is truly the case, I would be interested in acquiring all precious metals you wish to offload. Contact me via the comments section with your holdings and address, and I will be more than happy to take your gold/silver/platinum/palladium in the form of poured or minted ingots/rounds/bars and/or government issued coins/medals off your hands.
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