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Non-Cattle Specific Topics
Every Thing Else Board
Investing in Gold or Silver
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<blockquote data-quote="necattle" data-source="post: 1735911" data-attributes="member: 18834"><p>Invest no more than 3% of cash into either gold or silver. Both are heavily manipulated as they should both be much much higher. Check silver and gold history to see how many years both are flat. </p><p> Keep in mind silver is a US currency. Take a silver eagle to your bank, Walmart, or another establishment and they have to take your silver dollar. Not true of gold.</p><p>Very very limited sources to cash in and coins will need to be sent to any of those institution </p><p>Gold will be reclaimed by our government when ever they want.</p><p>I am selling all my silver sometime this year. Inflation, shortages, higher interest rates will help create better investments than staying in silver.</p></blockquote><p></p>
[QUOTE="necattle, post: 1735911, member: 18834"] Invest no more than 3% of cash into either gold or silver. Both are heavily manipulated as they should both be much much higher. Check silver and gold history to see how many years both are flat. Keep in mind silver is a US currency. Take a silver eagle to your bank, Walmart, or another establishment and they have to take your silver dollar. Not true of gold. Very very limited sources to cash in and coins will need to be sent to any of those institution Gold will be reclaimed by our government when ever they want. I am selling all my silver sometime this year. Inflation, shortages, higher interest rates will help create better investments than staying in silver. [/QUOTE]
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