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Posted On: 02/22/2020 6:13:35 PM
Post# of 86651
Well it's a good time to either travel or make foreign investments. The Thai Baht exchange was starting to crack below 30 a couple of months ago, now it's over 31.5. Doesn't seem like much, but that's a huge move over such a short time.
If I come into a lot of money someday, I will buy physical gold, regardless of price. When all the paper currencies fail, gold will allow people to retain their wealth. Silver too, to some extent, but I think silver will be more of a risk, as industry uses will naturally slow down after financial collapse. Great buy anywhere under $20 though for a shorter term play. Silver hit $48.48 in 2011. Could easily top that on this run up. IMO
If I come into a lot of money someday, I will buy physical gold, regardless of price. When all the paper currencies fail, gold will allow people to retain their wealth. Silver too, to some extent, but I think silver will be more of a risk, as industry uses will naturally slow down after financial collapse. Great buy anywhere under $20 though for a shorter term play. Silver hit $48.48 in 2011. Could easily top that on this run up. IMO


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