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RE: Gold and Silver for Investment, or for Insurance? (Don't Forget Bitcoin)

in #money8 years ago

Very well said! I am a long time collector of coins, mostly United States circulated and proof coins, but seeing as how I have managed to not rise above the bottom ranks of society and now am 62, I have bottomed out several times and had to liquidate my collections and one time, had the majority lost due to theft. I spent a lot of years from 1969 till the 1980's and into the 1990's grading coins found in change, from pennies to the susan b anthony dollar of 1979 with near dates. Always looking for the best to keep. Traveling a lot to the banks to buy rolls.
Everything began to change in the 2000's and since 2001 it seems that coin collecting turned from Numismatics to stacking. It took a little getting used to, but I started not looking so much for rare dates as to the common bullion with 99.9 silver content for just stacking.
Now it is an additional new thing. Yes, I am late into diving into Crypto, but I see it as a safer investment than was my attempt into stocks 7 years ago.
So I am into these for the long haul. I enjoy hearing others selling people into saving, as banks would rather us forget saving (savings accounts are a joke now) and just go into debt. There are some of us old timers and some younger ones who are becoming savers and looking into investing in something of value to hold for a time.

Thank you for your post! :)

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