Thread: Investments
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Old 02-24-2010
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Quote:
Originally Posted by ila View Post
The problem with owning precious metals is that one's ownership is just pieces of paper. One doesn't actually hold the metals, but just certificates that show ownership. It would seem to me that if their is a massive economic collapse it will be all but impossible for one to get hold of those metals. Pieces of paper are hard to sell in an economic collapse. I would like some prove my theory wrong.
Wouldn't you be able to keep your precious metals in safety deposit boxes to prevent such a scenario from happening?
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