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xxxKOBRAxxx's avatar

Funny how silver and gold are being suppressed while a war is going on in the middle east and there's 'turmoil' happening in the USA. Don't let this situation cause you to panic and sell your precious metals, hold on to them and keep stacking if you are able to.

Robert Riggs's avatar

Gold has been confiscated and its ownership rendered illegal in the 1930s. This can happen again. Stick to historical numismatic coins, in a collection. Avoid cleaned and other problem coins. Normal wear is OK. These may be exempted in reasonable quantities. Small amounts of bona fide jewelry may also be exempt.

Better now is platinum coins, 30 times scarcer than gold, yet on sale at less than half the price of gold.

Silver hasn't been confiscated in the past, though that's no guarantee. Diversifying into silver US coins before 1965 reduces confiscation risk, and will be far easier to actually spend, as small value units far less vulnerable to counterfeiting.

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