Your Questions About Invest In Gold And Silver

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Paul asks…

Is this the time to invest in gold, silver, euro?

With this huge tax rebate, i’m expecting the valu of the USD to go way down. Would that seem like a reasonable statement? If so, is now the time to jump on gold, silver, the euro, and anything else that benefits when the USD goes down?

financi4 answers:

Maybe. I have been buying a little silver. I started at $11 an ounce though. It is now a little over 16 an ounce. Its not something you want to speculate on though. Remember balance is the key to any portfolio. If you already have other investments aim to get precios metals to be about 10%.

Charles asks…

Why do people say to invest in silver and gold? If there’s a crisis, what can we possibly do with these metals?

If money becomes worthless, what good are gold/silver?
Value based on what? You have no money and/or money becomes worthless, what good will gold and silver do you? You might as well use seashells or marbles as money.

financi4 answers:

It can make you some pretty jewelery so you don’t feel so crummy that the world as we know it has come to an end.

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