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Started By
Message
re: Platinum Investment....as in Precious Metals
Posted on 10/28/18 at 3:45 pm to arkiebrian
Posted on 10/28/18 at 3:45 pm to arkiebrian
It is not guaranteed to have value...
2
Posted on 10/28/18 at 3:51 pm to lynxcat
What sort of scenario do you imagine where precious metals don't have value?
Posted on 10/28/18 at 9:47 pm to lynxcat
quote:
It is not guaranteed to have value...
Right, because historically precious metals became worthless like paper currencies. Oh wait, is it the other way around?
PL, Gold and Silver have been used in jewelry for thousands of years and as currency and backed US economy at one point(see why Fed did away with it-has to do with inflation and desire to grow debt).
In more utilitarian uses it's a great top notch conductor of electricity. So it can't be worthless unless there's an solar flare EMP, in which case it will skyrocket in price because it will be used as currency that is impossible to counterfeit.
Is that enough for you? I could go on.
quote:
What sort of scenario do you imagine where precious metals don't have value?
He doesn't. Just talking out of his arse and disliking my posts.
This post was edited on 10/28/18 at 9:48 pm
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