Peter Schiff's Urgent Warning: Why You Should Invest in Gold & Silver Now!
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Peter Schiff’s Urgent Warning: Why You Should Invest in Gold & Silver Now!
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If the entire world bought Apple Stock, would it be worth anything?
If the entire world bought gold, would it be worth anything?
It’s an investment, not money.
No government is using it day to day even if they are backing items they use with it.
It’s value comes from who will buy it, not from who sold it.
There has to be a buyer.
If everyone bought Apple stock there will be no more new buyers, only people who trade it back and forth, some wanting less and some wanting more, like fiat currency. You trade it for an item, wanting less fiat and wanting the item more. The seller wanting the item less and the fiat more.
The only people who want gold and silver to have value is the seller. He wants to have less of it. He wants more fiat and he’s willing to take more of it as it becomes worthless that’s why the price appears to increase. It takes more of something that is changing in value to buy something that has not changed in value. A fool and their money is soon parted