Share
14,059 Posts.
lightbulb Created with Sketch. 7
clock Created with Sketch.
17/04/18
11:16
Share
Originally posted by Crom Valen
↑
Skol, as mentioned to you previously, PM's are used for the following -
1/ As an insurance policy against the effects of inflation.
2/ As an insurance policy against turmoil in the global systems, whether it be war, or currency collapse etc.
3/ As a store of wealth.
Skol, please post a chart showing the gains you are making on your house and car insurance vs listed property trusts.
PM's obviously therefore serve a dual purpose: acting as 'insurance policies' while - currently - also making a capital gain.
Sorry Skol, you obviously just don't get it. Maybe beyond your intellectual capacity to understand(?)
Again - please post a chart showing the gains you are making on your house and car insurance vs listed property trusts.
Expand
Average house price here $24,000 in 1978,now $1,000,000. Excluding rent.
Silver price 1978 $6 now $16.50.
Even you should be able to figure out which is the best bet.