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BA Deere
Honored Advisor

Re: Gold Hits Record High

From what I`ve read crypto will be a niche, Schiff tells the story about given $50 worth of Bitcoin by a friend and they both couldn`t recall the password and it was lost forever, that sort of weirdness isn`t for everyone.  My Son`s college buddy made a fortune on Icelandic Bitcoin a few years ago.

https://www.theguardian.com/world/2018/feb/13/how-iceland-became-the-bitcoin-miners-paradise  

But if you`ve ever held the yellow metal a Krugerrand or $20 gold gold in your hand, it changes you like the first time you shot a buck.  If you have Schiff or Kitco store it for you, it would always be there and retrievable if you came out of a coma or if your heirs wanted it one day. 

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rsbs
Esteemed Advisor

Re: Gold Hits Record High

owning gold really didn't work out all that well for the wealthy Jewish residents of soon to be Nazi Germany. they may have turned over stores of gold to those trusty Swiss bankers, but what percent ever made it back to their heirs , if there were any that survived the holocaust?

Myself, I think the best investment right now is .357 handguns and long guns, and lots of bullets. And having at least  a dozen trusted friends and relatives to form your own militia to protect yourself and property if government wont.

Things are getting real.

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Re: Gold Hits Record High

Yes, I remember how gold prices were rising in 2020. I became interested in investing in precious metals before gold began to grow. I managed to invest in gold until it rose in price. And all thanks to this article -- https://goldiramarkets.com/augusta-precious-metals-review/, which I came across on the Internet. I never thought that when I would invest in precious metals, it seemed to me that it was impossible to make money on this because the prices of gold and silver are growing slowly, but this has an advantage, which is that there has never been a sharp drop in the price of gold.

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rsbs
Esteemed Advisor

Re: Gold Hits Record High

I can believe I was thinking that but cannot believe I posted that. 

Folks, I was just kidding.......seriously.....

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