The investment game

@wolfe63 said
I feel ya. I missed out on Microsoft after the crash in October, 1987.
Financial investment is not for the squeamish.

I wish I could have known then that stock-brokers and financial advisers are just like "the house" in a Vegas casino: They never lose.

Psssst...Keep it quiet but I got a bridge I can sell you real cheap going to be worth a fortune down the road in about 50 years!!! 😉

-VR

@wolfgang59 said
Why on earth do you think a metal is an asset?

Gold has held its value for 5000 years.
No man made currency has even lasted a tenth of that time.

Gold will still be treasured long after dollars, yen, pounds and euros are a foot note in some ancient economic text book.

@the-gravedigger said
Gold has held its value for 5000 years.
No man made currency has even lasted a tenth of that time.

Gold will still be treasured long after dollars, yen, pounds and euros are a foot note in some ancient economic text book.

They thought at one time the Roman Empire would never fell, but it happened! 😉

-VR

@very-rusty said
They thought at one time the Roman Empire would never fell, but it happened! 😉

-VR

Yes, all Empires become over extended and fail eventually.

Read a book about it a long time ago.

@the-gravedigger said
Yes, all Empires become over extended and fail eventually.

Read a book about it a long time ago.

I don't think gold will be disappearing anytime soon but we can never say never as we can not see the future.

-VR

@the-gravedigger said
Gold has held its value for 5000 years.
No man made currency has even lasted a tenth of that time.

Gold will still be treasured long after dollars, yen, pounds and euros are a foot note in some ancient economic text book.

Thanks for answering him for me.
It blew my mind when he asked it.
If he doesn't understand gold/silver as an asset at his age he never will.

@chessturd said
Thanks for answering him for me.
It blew my mind when he asked it.
If he doesn't understand gold/silver as an asset at his age he never will.

Too start with you have no idea what my age is, just assuming.

Going by what I am saying on here.

How do you or anyone else know how long gold/silver will last? Can you for tell what will be in the next 100 years?

-VR

@chessturd said
Thanks for answering him for me.

Try and get over yourself he was answering for himself not you!!! 😛

-VR

@Very-Rusty

Rusty....wolf59 asked me why in the world would I consider metal an asset.

@wolfgang59 said
Why on earth do you think a metal is an asset?

See?

@very-rusty said
How do you or anyone else know how long gold/silver will last? Can you for tell what will be in the next 100 years?

-VR

95% of all the gold ever mined is still here.

It doesn't get used up.
Silver does but they are working on better recycling.

@chessturd said
See?

Ok, that was my mistake! 😉

-VR

No problem.😉

@chessturd said
No problem.😉

Thank You, so are we going to get to know who you were before?

-VR

I'm new here.
I was just playing around. 😉