Title | : | Silver and Gold Investing is a BAD Idea?! Dave Ramsey Says THIS About Gold and Silver! |
Lasting | : | 8.35 |
Date of publication | : | |
Views | : | 245 rb |
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I'm sure that Mr Ramsey is waiting for another big drop in price or he may miss the boat again brGold and silver is the oldest monetary standard for all Banks, from the Western Jew Banks to the BRICS and so onbrThe Australian Banks are buying PM's like mad brOtherwise follow the sharks and you'll be fine since your money can't be swindled by Zionism Comment from : Nick Sofialakis |
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In an economic collapse the collectibles will become worthless Comment from : Francisco Sánchez |
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Dave Ramsey always like to back everything with FIAT currency However, gold and silver are good options Comment from : Francisco Sánchez |
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I lost a third of my butt when the government gave all the money away Comment from : Uvoted4this |
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How is metal a bad investment I understand the paper money has basically no value but metal is metal silver gold copper u can melt down coins Comment from : Nicholus Evans |
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The chances of somebody stealing your money out of a bank r made legal and clearly articulated in the Dodd-Frank Comment from : Eric Matt |
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😂 this guy is getting sued for such advice now 😂! Comment from : Motivation Challenge |
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A friend of mine is buying small amounts of gold due to limited income Would it still be of benefit to buy in grams and 1/10 1/4 oz's? Comment from : EniThoughts |
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He has being debt free right but thats about it Comment from : Dearborn Coin & Bullion |
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There is a time to own PMs and now is the time ! Comment from : luap |
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Dave Ramsey is 100 correct It's not his views it's factsi stacked gold and silver for years it's a better hustle for the dealers not the buyers it's a borderline scam I can explain if needed Comment from : LL JJ |
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I don't understand his hatred for silver and gold, they are both biblical metaphorical symbols of wealth and he is a Christian He uses the better buy guns and water comment if you believe the economy is going to crash, but he never discusses what happens during a soft crash, or hyperinflation I can't believe he is still pedaling that routine with all of the stuff going on right now regarding the government trying to take us to a cashless society for control Comment from : AF8LBITE |
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Yeah, Ramsey is a moron I just had an associated bank employee lock my fiance and I out of our bank account maliciously Comment from : True Patriot |
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Dave is ALWAYS inaccurate😂 Comment from : W |
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What does Dave Ramsey say about Heavy Metal? Comment from : ccfmfg |
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Bad Idea? BSso many people on the disinformation campaignAll these major banks are into silverand your not invitedand its insurance, not an investment Comment from : Enigmatic51 Me |
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Dave Who??? Oh really hahaha Comment from : jeff H |
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The FED and Treasury are printing dollars and we are going in debt 4 billion per day so inflation is increasing Comment from : Robert Mcintosh |
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I took Dave's budgeting course along with Larry Burket's course I stopped following when he made some very bad calls and Larry Burket passed away I did benefit from the concept of every dollar budgeting and got completely out of debt when in my early 50's including paying off my house and started buying gold when it was $300 and Silver was $800 My plan was to will it to my 5 grandkids and explain the difference between credit cards, paper money, and real money ie gold and silver Of course, the best-laid plan of mice and men all went to pieces when my now ex-wife got into drugs and when I refused to give her money she divorced me and took half of everything Thank you divorce court Comment from : Range Rider |
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because they want it for themselves… 🧐 Comment from : john yarnall |
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Dave Ramsey sounds like a leftwing globalist supporter that wants to discourage patriots to fall into a sinking Communist society Comment from : Nick Lazar |
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Dave Ramsey isn’t that bright anyway Comment from : Anonymous Prepper |
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No silver is a Bad Idee in Europe tax plus dealer 35 Prozent on the price good idee buy 30 sell 22 wow silver is a trahs only gold is fantastic Comment from : Asdf |
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Investing in gold, silver, digital currencies and stocks is a good idea, a good investing system would put you through many years of success Comment from : Christiana Emilio |
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Nobody really cared for gold completers? Maybe in the states, but I can assure you they've always gone like hot cakes in 🇬🇧 Comment from : Radio KAOS |
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Dave Ramsey is an absolute nitwit There's a damn good reason we've used it as a store of value for 6,000 years Comment from : Radio KAOS |
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When Dave uses euphemisms like "Gold is a rock", it's disingenuous Fiat currency is paper We are forced to use it, and it is backed by war Comment from : 07blackdog |
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From what I'm hearing banks are having a hard time because people are buying so much silver and gold thus taking the money out of the bank to make these purchases and banks are losing because of it so banks are closing downbrbanks need your money to make money if you take it out, they have no money who owns most of the banks out there you think they are going to let you collapse their account hell no thus all the new rules and regulation coming out of the GOVERMENT Comment from : Cookinitmax |
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It's worth less because of the paper gold Gold is realI hold and it's a dud for now Comment from : Terry Marshall |
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Dave Ramsey's an idiot! Comment from : Phill Huddleston |
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Offer Ramsey 30 pieces of silver Comment from : Canada&Free |
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They lost their butt quite by insidious bankers Comment from : Anthony Cobb |
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Ol Dave probably never read Creature from Jekyl Island eitherBanks bail-ins are very real tooask the UK couple retired to Cypress(Greece) a few years back 😳 Comment from : Anthony Cobb |
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I used to listen to Dave Ramsey He is great to the focus that have zero financial discipline That said he gives awful advice to who is disciplined Comment from : Thiago Palma |
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Dave Ramsey is an IDIOT! Comment from : Tim Lee |
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What we're talking about here is apples, oranges, and pears People seem to keep mixing them all upbr We should all have a savings account, a checking account, and an investment accountbr Precious metals are an inflation free store of value These are real money, not currency, there is an important differenceThey're not really an investment where you expect the value to increase in a short period of time This is your savings accountbr Your checking account should be used for day to day currency exchanges, buying gas, groceries, paying for monthly housing etcbr Your investment accounts, also in currency, should hold your stocks bonds 401k's etc where you expect the values to increase as much as possible over time Comment from : john wyman |
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Dave is full of **** I want him to explain why it is a bad idea for us to own precious metals But not for governments EXPLAIN THAT ONE DAVE Any investment advisor would want you to have a percentage of precious metals in your portfolio Comment from : Swamp Hawg |
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Physical gold and silver is one of the few investments that will never go to zero brbrIn times of economic uncertainty history has proven that smart money always runs to PMsbrLook at what all the big banks hoard Dave Ramsey is an idiot and should not be handing out advice Comment from : Oliver Williams |
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I had some friends who followed Dave Ramsey and they just got further and further into debt Stacking is the best bet Comment from : SuzyQLasVegas |
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#Gold & #Silver to the 🌕 baby 💪🏽 Comment from : Miguelon |
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Two words: noncorrelated assetsbrbrAs for bank safety, talk to the citizens of Cyprus Comment from : JB McMunn |
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yeah dave ramseys is a stupid idiot in general Comment from : taku sungjung |
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Gold, silver, and XRP for me! Comment from : 2BitUser |
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If you look longterm and don’t over accumulate too quickly the spot price isn’t an issue There is a difference between generic gold/silver bullion vs sovereign coins with numismatic value Comment from : 2BitUser |
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Ramsey is good for getting out of debt but his investment strategy is mutual funds that’s it He’s arrogant to say the least Comment from : 2BitUser |
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Yeah, usually I don't really care what most people say I will agree that precious metals isn't the greatest 'investment', unless adding a mining stock to your portfolio Precious metals is more a 'wealth preservation' vehicle, to prevent having a mountain of worthless fiat currency If it takes $50 for a meal, it was likely half that a few years ago, and likely may double over the next few years Now, that's about 2oz of silver, and that was the case a few years back, and likely will be a few years in the future Comment from : John Kimber |
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Screw Dave Ramsey! Comment from : Amraam5 |
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All you can do with these coins is hope to sell them for more than it cost you They don't generate income and they need protected brThey have no intrensic value Comment from : Graham Thomson |
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Dave Ramsey saying that makes him an idiot, because the US has invaded many lands around the world and stolen gold and have safe kept in maximum that for over a century when the government and politicians know the dollar won't survive forever and every empire collapses eventually Gold has skyrocketed in the last 10 years, gold was always be a commodity, a natural resource that is coveted Gold is mentioned for those who enter paradise (heaven) that people would have gold palaces given by God, wars have been fought over gold, Dave Ramsey is just an ignorant American and that's fine with me if billions of people around the world think like him I've never seen people wearing a chain of American dollar bills around their neck I've never seen women wearing a bracelet of American dollar bills around their wrist attending a wedding Comment from : Peace and Justice |
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Dave Ramsey hasn't figured out how to make money by recommending people buy precious metals When he finds a way to profit from it, he will be pushing it Comment from : Christopher Welker |
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The biggest losses are usually the buying and selling premiums Comment from : Darrell Mitchell |
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I agree with Dave on a lot of things That said I don’t agree with him on everything This is one Comment from : Yendor T Tiker |
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Diversify your investment seems to be the lesson learned and is the one word repeated in all types of investing: Crypto, Bullion, Stocks, etc Comment from : A Alzate |
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That fuck up has no fucking clue about anything Don't listen to the fuc Comment from : Samuel Floriano |
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PM's are not investments They're money Fiat is speculation Comment from : Eric S |
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Sounds like a load of disinformation to me Probably created by the exact people who have everything to gain by keeping the population poor and dumb as shit Comment from : jimmy hoffa |
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No one cares what David says He is evil He packages his “baby steps” as some giant secret to get rich ( nothing but common sense) And that’s the only reason people buy his garbage and listen and call his sorry ass show David is evil Comment from : Thomas 85 |
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I would say that Dave Ramsey doesn't know what he's talking aboutbrI bought Silver Eagles at $1989 each back in March of 2020; I just checked the selling price and they are now selling at $4152 at SD BullionbrI'm pretty sure that Good Ol' Dave didn't make that kind of return on his $1989 invetments🤑brHe's about as dumb as Kramer! Comment from : Richard E Schindler |
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Dave Ramsey figures the less people buying Gold/Silver leaves more for him😂brStay safe and God bless Comment from : bob hoss |
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The year is 2022, I buy two ounces of Silver for $55 and I put it in my safe Next payday I invest $55 in the stock market Next payday I put $55 in my bank savings Fast forward one year, my two ounces of Silver is still in my safe The stock market hit bottom and I lost $55, the bank crisis and fees depleted my $55 in my savings I can take my two ounces of Silver and cash them in but my stock is GONE, my SAVINGS is gone Proves money is not worth a 💲hit , so why would I want to cash in my Precious Metal for paper that keeps on failing? You are wrong Ramsey just like all the other Ramseys in the past Comment from : AlienLifeForm |
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Dave Ramsey, is the other name, for a donkey !!! Comment from : n7hevn |
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I love how he says it's a bad idea to invest in gold and silver with a table stacked with it in front of him in the video Comment from : Shmirie |
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How can you lose your money when you’re buying real money utilizing failing, inflating money? I might agree with Dave on a host of things, however not on buying metals When it all comes crashing down what will he use as money or a store of wealth? Comment from : Privatepilot |
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So i have some questions, im a new investor so just for the sake of clarity just treat me like i know absolutely nothing brbrSo if i buy precious metals what do i do next?brbrAre metals just a "ticket" that says, "i have this money in this diversified investment"?brbrIf the dollar collapsed and gained traction again would i just sell back that gold (depending on the offer) to get back all my money back or continue keeping it? Comment from : Neo The Tv |
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Dave is right you’ll lose your butt on premiums and Cap Gains and sales tax! Comment from : David Davey |
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Yeah, guys, just leave all the gold and silver to the banks 😂😂😂 Comment from : PiKeFiSh |
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Dave is going to lose his money, $150,000,000 of it Comment from : JayV |
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For me personally I don’t like physical metals they are a scam you can’t say you have gained value untill you sell so even if you bought at 1$ if u still have them technically you ain’t make anything All the stackers I know are holding forever from what I’ve seen so they will never make anything they just have metals for some odd reason I just stick to silver stocks plus I’ve made way more just trading the stock I really don’t understand the need for stacking gold and silver like the old man said 👴-i wouldn’t trade a can of beans for 20oz of gold if the world goes to shit I think people need to understand the use of gold and the people using it I do have a small amount of gold and silver physical but they just sit in display not doing anything while I trade Gld stock and make money -I’m not a stacker but I get 2 oz of gold for the price of 1 that’s only reason I buy physical and sell them both instantly for 50$ under spot no questions asked Comment from : FAMILY FRIENDLY |
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In my opinion when you spend $ on pm’s you still have your money Investors need more information & knowledge of what they are investing in or they will lose their $ With that being said money does have to move to make money so you’re precious metals is more of a hedge Than a way to make money Comment from : Nikki |
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Dave Ramsey need to go head up with Robert Kiyosaki He will get his a@@ waisted Comment from : MiKyahl |
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Dave Ramsey is not your go-too guy for investing if you want to build wealth and enjoy life He'd have you sitting in the dark eating rice and beans until age 65 Comment from : Call Me Jazz |
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Only invest what you can afford to lose Comment from : MrJohnnyseven |
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It goes way up in value every decade Comment from : Cajun stacker |
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I believe Dave needs to understand that things are different today Plu, he needs to listen to President Biden's CBDC plans Comment from : Larry Dozier |
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He is a moron himself and an idiot I will not even dedicate my time to watch this videobrHe is pushing some kind of agenda Great for him, he could eat it Comment from : Alexandr Nazarov |
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😂 Dave is a fraud schill for the bankster gangsters! Comment from : Mikey Nicholas |
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I don't give a rip what Dave invests in I agree with his debt is dumb Beyond that his investment philosophy is childish Comment from : Brandon Baker |
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Dave Ramsey has great advice on getting out of debt However gold & silver are foundations of wealth preservation They will endure and your grandkids will thank you They are like the ballast in the hulls of ships In a storm, they keep the ship stable And have “zero” counter party risk!! Comment from : B |
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I bought into precious metals in 2015brIts been appreciating ever since brI personally havent lost a dime in 8 yearsbrCant say that for my stock market accounts 😢 Comment from : Falcor The Wonder Dog |
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Precious metals are the only investment with zero counter party risk Buy and hold for me I have 10 percent of my investments in gold and silver Comment from : Falcor The Wonder Dog |
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I have some silver but I’m not banking everything into it I came across hard times and I bought silver in 2016 I recently had to cash it in and it only went up $4 in 7 years That’s horrible I should have put it in an index fund Comment from : James |
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Dave Ramsey also told a guy to immediate sell his Bitcoin when it was at like $1,000 and he had like 10 of them Wellhere's hoping he didn't listen to him Comment from : Philip Quaglino |
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Something I've noticed If you call a coin dealer and ask them about the silver that you prefer, mine is half dollar circulated junk silver if you will, the dealer tells you that silver is new, silver is hot, it's hard to get and it's expensive In the same conversation if you ask them what they are buying silver at now, silver is not quite so hot, it's not quite so hard to get and because of that it's really not that valuable The same silver coin that you buy from a dealer today, does not even seem to hold its value when you want to sell at the same dealer 5 minutes after or the following day even though silver prices may have increased Comment from : john smith |
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The fdic only has enough cash to back 2 of all checking and savings accounts in this country, and that’s completely ignoring 401k’s If we saw a banking collapse like the 1930s ever again , there’s no way they would cover a small fraction of americas banking assets They simply don’t have the means to do so It’s all smoke and mirrors and why everyone should own SOME gold and silver Guarantees and warranties are worth their weight of the sheet of paper they are printed on Note that anything over 250,000 in value is not covered Period In the event of a partial banking collapse the feds will skip over any accounts over that amount and go to the smaller ones first (supposedly) Comment from : Chris Loesch |
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Through out history fiat currency has always collapsed due to incompetent,greed or mismanagement PM are Gods money It's not an investment it is insurance With inflation at all time highs the money in your bank account is slowly dwindling down Comment from : Kenneth Graham |
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This idiot is delusional, Gold has been around longer than Ramsey has, who or what do you trust Comment from : 1845 man |
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If you want to stay poor listen to Dave Ramsey Comment from : one compass |
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Dave Ramsey is full of shit 😎brbrA prudent man will not put all of his eggs into one basket!!! brbrOne should have multiple stashes of "cash" put aside for the unexpected curve balls life is shure to throw your way 😏 Comment from : Blindshiva |
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2:54 I had my bank account drained twice from paying at the pump when refueling…thankfully it was an account specifically for gas and groceries and was an amount the bank reimbursed me immediately without question Comment from : shadowscreamer1 |
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The chance of anyone losing money at a bank and not being able to access their money is very high Comment from : PatriotPirate |
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I’ve never met anyone who lost their butt on precious metals Comment from : PatriotPirate |
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There is nothing like physical gold and silver Once you hold these metals in your hand, you will never look at fiat again The only fiat I ever keep in my bank account is the amount of paper I need for my monthly expenses Comment from : Omar Touzani |
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