Investing in precious metals 101

Re: Too late to buy PM?

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  • Wed, Dec 02, 2009 - 11:11pm

    #21
    Peak Prosperity Admin

    Peak Prosperity Admin

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    Re: Too late to buy PM?

Yeah, point 3 in Mike Pilat’s list…

[quote=Mike Pilat]3) As a store of value that hedges against inflation and/or deflation. Of course this relationship can be shaky for even long periods, but to the extent that gold has always kept some value regardless of other factors, it can serve this purpose at times.[/quote]

I’ve heard similar things from others, yet never understood why. .