Loading ...Got a call from a friend yesterday checking on me and how my moving is going along. She brought up gold and silver. She was always against it because her husband dominated the finance as she is American now but Japanese born. She said the first time that she wished she bought it when it was cheaper but her husband said no it’s a bad investment. He’s retired Fed worker. They are not poor, well off not really rich other than in having what they need and no debt.
She said one of her friends on the coast in another state has been buying gold bars since the 70s and said she’s a millionaire now. She asked if that’s true how big are those bars. She knows nothing about buying it and that isn’t unusual. I told her there’s different sizes of bars but if she’s been buying since the 70s she might just be a millionaire. I told her silver eagle going up too. That silver I gave her for retirement yrs back is worth more and the birth of her grandson she got a couple of Koalas for him and parents. . I told her back then if something happened it will get you groceries.
I’m hearing this more than once from different people now. Including my son who has some but wished he had more, makes good money but his wife likes to spend but learning. The never buyers are now regretting not buying it. My friend said her husband kept saying it was a bad investment again questioning his decision. I told her maybe he was probably thinking stocks because they’re volatile but not the physical and why. It’s still not to late. If there is a market crash at some later point and temporary decline I’ll tell her she’ll get one last chance in both phyz and stocks as the market moves more into PMs vs equities as things are now anyways. A lot of people are talking about it now so time to be quiet around the public.