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6
HoldthelineUSA2020 6 points ago +6 / -0

nothing wrong with holding a little SLV, GLD and Palladium

Just a little, like less than 8% of total account.

If shit does hit the fan you will be happy you did, otherwise I hope to never need to touch the precious metals.

Also, once the stimi money starts to hit, the dollar will keep goin down.

The whole idea of precious metal is to keep value better than Fiat, and it is and will keep doing this.

Dont by metal to expect to make gains, stonks are for that.

8
sentient-potato 8 points ago +8 / -0

Exactly, it's been undervalued for years and is a good long-term investment.

You don't buy SLV intending to day trade.

3
ghost_of_aswartz 3 points ago +3 / -0

gold outperformed the index over 10 yrs

just sayin'

vanguard mutual fund is a good performer if you don't play stonks which many of us don't

4
SnowflakeJuice 4 points ago +4 / -0

That is false, the stock market more than doubled over the last 10 years, and that is not even counting re-investing dividends. Gold is up around 25% in the last 10 years, and is still worthless than it was in 1979. not to mention, silver is not gold

2
Enkryptor 2 points ago +2 / -0

Gold has just gone up with inflation, which is exactly what it's supposed to do.