Buying Gold/Silver - Do you do it?

dennishoddy

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That might or might not work with the population of cities the size of OKC (or larger) roaming around trying to find food.

Not quite a zombie apocalypse, but probably not much better... :/
They will run out of gas before they get here and 99.9% couldn't catch a fish or figure out how to clean game. The attrition rate would weed out those folks.
 

mr ed

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Rustedbeef, Keep the money liquid. Gold and silver is not liquid.
What if the house of your dreams came up at a great price 2 months from now
and you had to sell your just purchased G & S ? You would take a bath and lose probably
twenty percent or more on a quick liquidation.
While a CD doesn't pay much, it is liquid.
 

CHenry

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Rustedbeef, Keep the money liquid. Gold and silver is not liquid.
What if the house of your dreams came up at a great price 2 months from now
and you had to sell your just purchased G & S ? You would take a bath and lose probably
twenty percent or more on a quick liquidation.
While a CD doesn't pay much, it is liquid.
CDs arent liquid.
Put it in a money market account. If you wanna invest longer than 5 years, find a good mutual fund.
 

OKCHunter

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CDs arent liquid.
Put it in a money market account. If you wanna invest longer than 5 years, find a good mutual fund.

This ^^^. You can get your cash within 5 days. There are probably mutual funds that include gold and silver investments in the mix of investments if you want that option.
 
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