So he purchased his gold at $1900oz, at its peak. Yeah he may have lost a bunch of fiat dollars but he hedged himself against inflation and never lost any buying power with his gold, if he would have kept in in dollars his buying power would have went way down between 2011 and today.

conservatively when the system crashes $20,000. in stocks or dollars wont be worth the paper its printed on but $20,000. in gold today is likely going to be worth upwards of $1,000,000. as gold is likely to go over $50,000. per ounce possibly up to $250,000. per ounce when the change is complete.

Who knows on silver but I would real comfortable $1,000. possibly much higher after the price manipulation is over.

The nice thing about physical metal is no capitol gains, once you purchase it you never pay taxes on your profits, you just cash it in for cash as you need it, or use it to purchase direct outside the system.

The other thing is if you would have purchased heavily in gold in the late 80's and 90's under the $300 level you would have quadrupled your dollars today. Gold has been over $1000. for 10 years now. You are never going to loose wealth with physical gold.


Edited by RICH G (04/02/18 02:48 PM)