There was a post the other day on Reddit about the crisis in Venezuela. It was arguing that trade goods were far more valuable, or at least practical, than gold in an economic collapse situation. Should preppers and their milder cousins, the conservative investor, be looking at Liquor instead of Bullion? My take on this … Continue reading Gold vs Goods in a Collapse
Precious Metals
All that Glitters
GOLD, SILVER, PLATINUM, and PALLADIUM I would love to have some of each kind of income stream; paychecks, rentals, dividends ect. I also want to hold some of each kind of asset; Cash, Stocks, Bonds, Property, and yes, Precious Metals. With the exception of 'property', precious metal is the oldest source of wealth on mankind's … Continue reading All that Glitters
Precious Metals
I believe in a well rounded family of assets, this definitely includes Precious Metals (PMs). The question is to what degree. I have watched people go back and forth on this issue and the only conclusion I have arrived at is that some PM is part of any well diversified portfolio. I am fond of … Continue reading Precious Metals