Al Kowsky Posted August 31, 2022 · Member Share Posted August 31, 2022 This morning I clicked on the Kitco website to check out precious metal prices & wasn't happy with what I saw 😒. Gold was trading at $1711.00 per oz, silver at $17.95, platinum at $839.00, & palladium at $1996.00. The stock market & crypto currencies have been plunging steadily too ☹️. So why hasn't the modern & ancient coin markets crashed yet 🤔? Are coins really a solid investment or are they on the precipice of a crash 😖? I don't know the answer to that but I'm not turning into a "nervous Nellie" either. Yes, the coin markets have been trading slightly lower but nothing like what we've seen in the other markets. In light of that I have to share an amusing but thought provoking article I saw on the Kitco website by Anna Golubova, "The crash is here": stocks, gold, silver, bitcoin & real estate are crashing, "it's time to get rich"- Robert Kiyosaki. https://www.kitco.com/news/2022-08-30/-The-crash-is-here-stocks-gold-silver-bitcoin-real-estate-are-crashing-it-s-time-to-get-rich-Robert-Kiyosaki.html Kiyosaki is a well known investment guru who has done quite well for himself & his followers. He states "It's not what's in your wallet, but what's in your head. Middle class getting wiped out by higher oil inflation. Yet the rich are getting richer". Kiyosaki is recommending that we invest in canned tuna fish & canned beans because we can't eat gold & silver 🤣. Maybe he's got something there.... 5 Quote Link to comment Share on other sites More sharing options...
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