Why do people invest in PMs?
If supply ever got short, and prices started skyrocketing, the government would just enact a law to require all citizens to sell their gold/silver at a fixed price, as they’ve done in the past.
Why do people invest in PMs?
If supply ever got short, and prices started skyrocketing, the government would just enact a law to require all citizens to sell their gold/silver at a fixed price, as they’ve done in the past.
Doing that now would lead to a civil war.
>Why do you even want a gun? They're illegal and the government police will protect you.
OP is a faggot.
>civil war
>2 weeks
>Low iq
>To retarted and afraid of the real market
>Hope to just sit on his ass while he gets rich
>Being easily manipulated
>the government would just enact a law to require all citizens
Clearly, that always works. You naive mother fucker. I bet you did all your homework your entire life of training to do what you’re told by authority.
They probably will eventually pass a law preventing the serfs from holding gold. But it's not going to happen at anywhere near the current prices. The current market caps of PMs are WAY too small to be a credible threat to the system right now.
Even back in the day, most ofthe gold was NOT turned in. Those that kept their gold saw an immediate appreciation from about $20 an ounce to $35. Gold is such a threat because it is widely trusted, easily tested and impossible to track.
Silver is a whole different ball game. They've never banned or limited silver holding, and I doubt they ever will due to its importance in industrial applications.
>from about $20 an ounce to $35
Try x85 if it stayed in the family, and it doesn’t tarnish ever. Almost like it’s the perfect asset.
Thats why I stack exclusively silver. Less chance of that happening
That's literally American history, fag.
because you're supposed to put profits in stores of value, not in green papers with dead guys on them
So they’re going to outlaw what they’re doing now.
lol, this person doesn't know about basic history of bullion confiscation. Amerifats aren't doing shit as long as Cinnabons are hot in the oven and everyone's watching the nigger faggot league.
LMAO! It's been over since 2008 these guys have been saying. The fucked up thing is that they're right but it doesn't matter as long as everyone is fat and happy. That's the real enslavement, endless pleasure. All to keep you distracted.
Laws are for little people. Though one does wonder about the Constitutionality of the government declaring eminent domain on an entire resource with the stroke of a pen.
retard
Can you explain this further?
Most western countries have a fraction, a single percentage of the social, cultural, and ethnic cohesion that they did the last time this happened.
>the government would just enact a law to require all citizens to sell their gold/silver
Lost all my PMs in a tragic boating accident unfortunately. Not my guns though.
I do it because it is the most convenient and secure way to have a portable easy to store and secure value as a physical asset that is under my total control and cant be interfered with by some middle man.
It's also pretty and I like collecting it.
I don't put all my money in it, but it is part of securely storing value that ether I or someone I care about can later access decades from now when needed.
Some local government being dicks for a few years doesn't matter. I can wait them out or scoop up my gold and go somewhere else with ease.
After hunt bros incident, the only allowed sale of silver
Why would the government do that? What do they care if the price of pms skyrockets?