Justin
Moderator Emeritus
Yeah, but good luck curing a Staph infection.
If I had been armed with guns around 2000 years ago, a GUN and AMMO would have conquered the world! I would have been the most powerful man in the world and had all the gold, silver, jewels, women and luxuries a person could ask for (if I were so inclined)...
Funny, you'd think that if China was so smart they'd buy guns from GunsAmerica.com instead of gold. Perhaps you should email them a copy of your article and we'll see if they change their investment strategy to fine shotguns.I would argue that it is still in play today, that China is buying up gold because they want a fallback on the dollar should the world heat up.
GunsAmerica Fan said:....You watch in two months the gold bubble will burst just like condos on south beach.
The point people miss about precious metals is that no matter what shape or form, it retains a value.....guns and condos can be melted down, but not much value left. Gold has been in demand since before the Pharoahs.....and will no doubt continue to be in demand for the future. Unlike condos, it's transportable and can be reshaped...even into bullets if need be.
Can someone please explain to me why "precious metals" and "precious stones" command the prices they do.
Is now worth $1428/oz, IF & when I sell. I can go to 250 places within an hour of here and sell it. No broker-fee, no questions. Walk in, get cash, walk out.
That is the most hilariously bad investment advice I have ever heard.But if you want to store wealth in a safe vehicle at the value you purchase it today, there is no comparison to guns.
They are the best investment today.
Well you didn't really answer his question. The demand from electronics and semiconductors are not driving the demand for gold, not even 1%.
In a worldwide collapse there would be no wealth retention by anyone with anything.
uhh.....so which is it? How do you plan on selling your high grade double to some chap in Great Britain, if by a very small chance you actually are able to even find a buyer for your VERY niche market firearm??If the US severely depresses most likely most of europe will too, but there will still be plenty of old money who will be unaffected.
There are multitudes of other investments if you are scared of gold, inverse etf's, stocks, and many more. It doesn't have to be a choice between gold and a plywood box of SKS's.where have we seen this before... internet bubble... housing bubble... stock market bubble... when gold falls it'll fall fast...