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After About A Year, I'm Break-Even With Physical Gold And Silver.

 
Anonymous Coward
User ID: 79035556
United States
06/12/2022 09:24 PM
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After About A Year, I'm Break-Even With Physical Gold And Silver.
What I mean, is that it would cost me the same to buy the same metals today.

I currently can't sell them for what they cost.

I haven't earned the last year's rate of inflation.
Anonymous Coward
User ID: 71106961
United States
06/12/2022 09:41 PM
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Re: After About A Year, I'm Break-Even With Physical Gold And Silver.
Yes, it's perplexing how everything else is going up in value but the things that are supposed to be.. most valuable? Hmm..
Crypto-Tard

User ID: 78144147
United States
06/12/2022 10:15 PM

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Re: After About A Year, I'm Break-Even With Physical Gold And Silver.
When you measure the price of something in fake money, the people who make the fake money determine the price.

You are better off buying gas cans, firearms and ammo, food and tools.
When you are afraid of losing your life, you have already lost your life.

Don't be afraid.
Agent 99

User ID: 77082640
United States
06/12/2022 10:23 PM

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Re: After About A Year, I'm Break-Even With Physical Gold And Silver.
What I mean, is that it would cost me the same to buy the same metals today.

I currently can't sell them for what they cost.

I haven't earned the last year's rate of inflation.
 Quoting: Anonymous Coward 79035556


That doesn't even make sense.

You want to turn metal over after a year? That's not how it works.
Anonymous Coward
User ID: 82917880
United States
06/12/2022 10:29 PM
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Re: After About A Year, I'm Break-Even With Physical Gold And Silver.
What I mean, is that it would cost me the same to buy the same metals today.

I currently can't sell them for what they cost.

I haven't earned the last year's rate of inflation.
 Quoting: Anonymous Coward 79035556


That doesn't even make sense.

You want to turn metal over after a year? That's not how it works.
 Quoting: Agent 99


Who said I wanted to "turn metal over"? You don't make sense.
The Don Of Nantucket

User ID: 80692948
United States
06/12/2022 10:32 PM

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Re: After About A Year, I'm Break-Even With Physical Gold And Silver.
What I mean, is that it would cost me the same to buy the same metals today.

I currently can't sell them for what they cost.

I haven't earned the last year's rate of inflation.
 Quoting: Anonymous Coward 79035556


yourere
PLATA BITCHEZZZZZZ

UPGRADE UNAVAILABLE

The Rolling Stones said it best...

"What's confusing you is the nature of my game"
Florida Man

User ID: 83419943
United States
06/12/2022 10:35 PM
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Re: After About A Year, I'm Break-Even With Physical Gold And Silver.
What I mean, is that it would cost me the same to buy the same metals today.

I currently can't sell them for what they cost.

I haven't earned the last year's rate of inflation.
 Quoting: Anonymous Coward 79035556


That doesn't even make sense.

You want to turn metal over after a year? That's not how it works.
 Quoting: Agent 99


True. Wait until the end when you can trade an ounce of silver for a can of beans.
1. “You can’t fire a cannon, from a canoe!”
2. “Strength is gained in the range it is trained.”
3. “If it doesn’t swim, run, or fly, or isn’t green and grow in the ground, don’t eat it.”
4. “Know that you have complete control over what you put in your mouth. No one ever ate anything by accident.”
Anonymous Coward
User ID: 77510120
United States
06/13/2022 12:16 AM
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Re: After About A Year, I'm Break-Even With Physical Gold And Silver.
What I mean, is that it would cost me the same to buy the same metals today.

I currently can't sell them for what they cost.

I haven't earned the last year's rate of inflation.
 Quoting: Anonymous Coward 79035556


yourere
 Quoting: The Don Of Nantucket


Go f¥ck your mother.
Anonymous Coward
User ID: 80397064
United States
06/13/2022 12:18 AM
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Re: After About A Year, I'm Break-Even With Physical Gold And Silver.
Wait for the Bank Runs genius when the Banks Colllapse and cant price control gold and silver no more
Anonymous Coward
User ID: 81452734
06/13/2022 12:22 AM
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Re: After About A Year, I'm Break-Even With Physical Gold And Silver.
What I mean, is that it would cost me the same to buy the same metals today.

I currently can't sell them for what they cost.

I haven't earned the last year's rate of inflation.
 Quoting: Anonymous Coward 79035556


That doesn't even make sense.

You want to turn metal over after a year? That's not how it works.
 Quoting: Agent 99


Who said I wanted to "turn metal over"? You don't make sense.
 Quoting: Anonymous Coward 82917880


You implied it by suggesting to evaluate their value in terms of todays money?

As he said: they don't work like your typical investment: Don't think in terms of 1 year or 10 years or whatever. They're meant to be thought of in terms of 1 economy from now, or 2 economies from now.

How much do you expect your other investments will be worth 1 economy from now?
Anonymous Coward
User ID: 83630872
United States
06/13/2022 12:41 AM
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Re: After About A Year, I'm Break-Even With Physical Gold And Silver.
At least you have some.

1 ounce of silver even is more than 98% of the world has. Even many wealthy people hold promises of gold and silver that doesn't exist.
The Don Of Nantucket

User ID: 80692948
United States
06/13/2022 12:50 AM

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Re: After About A Year, I'm Break-Even With Physical Gold And Silver.
What I mean, is that it would cost me the same to buy the same metals today.

I currently can't sell them for what they cost.

I haven't earned the last year's rate of inflation.
 Quoting: Anonymous Coward 79035556


yourere
 Quoting: The Don Of Nantucket


Go f¥ck your mother.
 Quoting: Anonymous Coward 77510120


henrylaugh
PLATA BITCHEZZZZZZ

UPGRADE UNAVAILABLE

The Rolling Stones said it best...

"What's confusing you is the nature of my game"
Anonymous Coward
User ID: 79044425
United States
06/13/2022 12:53 AM
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Re: After About A Year, I'm Break-Even With Physical Gold And Silver.
Stagflation....
Anonymous Coward
User ID: 76704984
United States
06/13/2022 12:57 AM
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Re: After About A Year, I'm Break-Even With Physical Gold And Silver.
Buy more.





GLP