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re: Bought gld and slv yesterday

Posted on 2/22/13 at 1:51 pm to
Posted by Jwodie
New Orleans
Member since Sep 2009
7211 posts
Posted on 2/22/13 at 1:51 pm to


Your boss sounds like a few of my conspiratorial friends who are rapidly buying up silver to fend off the impending "inevitable" collapse of America. While I don't fault one for investing some capital in PMs, you're better off investing in gold/silver index funds rather than physical PMs. That is, unless you actually believe we're rapidly approaching a post-Apocalyptic state.
Posted by RickAstley
Reno, Nevada
Member since May 2011
2004 posts
Posted on 2/22/13 at 2:02 pm to
I never put much thought to the world ending, and how I would try to survive if survival was an option. Since working here, I have pretty much learned that if it hits the fan, my last hope is to find my boss's hideout and work for him. Otherwise I am screwed.

I do keep up with PMs a considerable amount more though. I try to identify items with silver content and I don't mind stockpiling an amount that is easy enough to transport. Other than that, I have not bought into the doomsday movement, but I find it very interesting.
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