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Agree, gold is not a money maker but it is the real money because it retains its value and is the best way to hoard.Around the year 2000 gold was about $250 to $300 an ounce. Today US$1220. There are people who store money, (cash) under the bed so to speak. $250 cash 18 years back $250 today, in gold $1220 today.Of course it is not recommended as an investment but many agree a 10% storage lot is healthy for a portfolio. My favorite are silver coins, 1966 rounds and pre46 which are 92% pure.
Agree, gold is not a money maker but it is the real money because it retains its value and is the best way to hoard.
Around the year 2000 gold was about $250 to $300 an ounce. Today US$1220. There are people who store money, (cash) under the bed so to speak. $250 cash 18 years back $250 today, in gold $1220 today.
Of course it is not recommended as an investment but many agree a 10% storage lot is healthy for a portfolio. My favorite are silver coins, 1966 rounds and pre46 which are 92% pure.
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