Probably. I just look at it as insurance. If you own 500oz your deductible is something like 10k$, and if you need the insurance one day its pays out to about 450,000$
You really shouldn't hope that.. Do you hope to use your insurance? No, because that means somethings gone wrong. Thing is, silver and gold won't take off to those levels until the economy collapses. And when it does, it will diminish all business opportunities, there will be blood on the streets, chaos, things will suck, and it will also suck for a silverbug, because people will try to rob you. So I don't hope it will happen ever. It's just an insurance that I hope I never need. And I will pass it on to my kid, and hope HE never needs it :) Just get your 300 or 500oz of silver and forget about it. Work hard on creating a great lifestyle for yourself, work hard, create a business etc. That's what's important. And if everything goes to hell you have your silver.
From what I've been hearing around and whats going on...specially the debt clock...I think so too...its just the matter of when?
Probably. I just look at it as insurance. If you own 500oz your deductible is something like 10k$, and if you need the insurance one day its pays out to about 450,000$
I really hope it pulls through one day soon...that's all that matters to me
You really shouldn't hope that.. Do you hope to use your insurance? No, because that means somethings gone wrong. Thing is, silver and gold won't take off to those levels until the economy collapses. And when it does, it will diminish all business opportunities, there will be blood on the streets, chaos, things will suck, and it will also suck for a silverbug, because people will try to rob you. So I don't hope it will happen ever. It's just an insurance that I hope I never need. And I will pass it on to my kid, and hope HE never needs it :) Just get your 300 or 500oz of silver and forget about it. Work hard on creating a great lifestyle for yourself, work hard, create a business etc. That's what's important. And if everything goes to hell you have your silver.