Comment: Amen

(See in situ)


Amen

Couldn't agree more. I work in on a trading floor where all the experts will tell you that gold trading off $30 in a day means you're a sucker if you own it. I, on the other hand, am with you. I own all three. I have way overpaid for BTC, gold and silver. I am not buying any of them for the next 25% or even the next 50%. I am saving my deferred consumption in something other than USD. Does that mean that I will earn economic rent owning them? Not necessarily, but if you held on to a quarter from 1933, it buys about as much today as it did back then, and that is saying something. I'm not looking to "make" money. I'm looking to retain the consumption power of what I have produced to date but have yet to consume.

Unlearning and self-teaching since 2008. Thanks, Dr. Paul!