Afternoon everyone …
What’s in a number?…..
Well let me tell you….
No my title is not clickbait. It’s a legitimate question. What those two numbers mean is very important in this world. Unless you are a millionaire the growing costs of goods and services is not sustainable by the average person or family.
No country is exempt from this what seems and feels like never ending inflation. People all over the world are struggling to survive these financial impacts.
One way to preserve your buying power wealth is with precious metals. Gold and silver have been money for thousands of years and will always be money.
Now here is where those numbers come in….
In a recent study, only 10.8% of Americans own physical gold. Jewelry is not included as owning gold. Yet 11.6% of Americans own silver. This also does not include jewelry or dinnerware.
To me those percentages tell me just how much of the world has their heads buried in the sand.
Those number mean you could own one lousy ounce of silver. I mean come on, what’s one ounce of silver going to do for you? But that was the minimum criteria of the study. The same was also true for gold, maybe that’s why that percentage was lower than the silver.
These percentages in my personal opinion is outrageous. Doesn’t anyone see the writing on the wall??? Wake up America this is important stuff…..
Are you part of the 10.8% and 11.6%?
I love the Germania Mint bars. They are so classy looking and well done
Sweet Tener, I have but a handful of One ouncers.
I know that that @thedamus nor I are the only Stackers here around the greater Vancouver region. I can spot them at coin shows, there are a few at the Coin club, I overhear them at the local major bullion outlet, even the existence of a second thriving bullion business is indicative that there are more and more Stackers out there. They are quiet. They tell no one, let alone post what they got online. What would you say if a government survey asked you if you have bought gold or silver lately?
There has also been Stackers selling their bullion too. It's no fault of their own, real inflation is a bitch. The proprietor of my LCS says a lot of silver and gold coming in are often by customers needing to pay bills. Silver coins that don't sell tend to end up as melt when bullion prices go up.
Yep I agree… but the survey was done by two independent companies one in North America and one in Europe
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I would guess that's probably at least twice as many as here. I'd be surprised if it was 1% of Canadians.
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@silverd510, I sent you an!pimp
You must be killin' it out here!
5.000 PIMP@silverd510 just slapped you with , @silversaver888.
You earned 5.000 PIMP for the strong hand.
They're getting a workout and slapped 2/3 possible people today.
Read about some PIMP Shit or Look for the PIMP District
Honestly I’m surprised it’s above 10% but if minimum was only 1 ounce that makes sense.
I love Germania mint! I got two 100 Ounce bars by them and boy there awesome! Also a few Kilo’s and like 10 ten ounce bars! Next time I go to the bunker I’ll take more pic’s.
!PIMP
btw I told my vote bot Robby to send u some support on all pending posts! Cheers!
Thank you. And I look forward to seeing your 100 oz Germania Mint bars.
PIMP to slap people.Aw man @geneeverett, you are out of
Go Stake some more and increase your PIMP power.
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!pimp
You must be killin' it out here!
5.000 PIMP@silverd510 just slapped you with , @geneeverett.
You earned 5.000 PIMP for the strong hand.
They're getting a workout and slapped 2/3 possible people today.
Read about some PIMP Shit or Look for the PIMP District