About a year ago gold was at about $1,700. "Nah, too high," I said. Yesterday, I bought an ounce (4 1/4 ozs) at $2,731 (including commission). Last night, I was sitting at my computer, beating myself over the hear that I didn't buy at $1,700. Then it hit me - In six months, I would be sitting at the same desk, beating myself that I didn't buy at $2,731. So, today I bought another four quarter ounces at $2,778 (including commission).

The federal government is going into debt ten billion dollars a day . . . over three trillion dollars a year.

"If something cannot go on for ever, it will stop." Herbert Stein, economist.

I couldn't afford gold, so I bought silver instead.

Jeanette Isabelle

Good choice. .999 silver 'Walking Liberties' are going for $36 plus change at Apmex. (Probably a bit lower at a local shop.)

https://www.apmex.com/product/186167/1-oz-silver-round-walking-liberty

I have one-troy-ounce silver rounds, but none is the Walking Liberty design.

Jeanette Isabelle

I guess I'm a contrarian, but I'm skeptical of buying precious metals. They just sit there accomplishing nothing while you hope for the best and fear the worst.

I am inclined to think that the only meaningful investment is access to fertile soil, access to a woodlot, and the skills and tools to make good use of them. This has been true for most of human history, and I think it still holds true.

My 2c.

Yeah, what are you going to do with the gold and silver in an unrestfull society. You can´t eat it and hardly use it to pay for goods.