Didn't know if this should be in the Firearms thread or not. I thought here was best since we're talking about it in a financial sense.
Now that Gold and Silver are uncomfortably high as far as buying any, I'm thinking of other things that are still relatively low. Guns, for example. Would they make sense to buy and hold onto as a means or storing wealth? Here's my reasoning:
The dollar is collapsing. Dollars are used to buy things. So things that keep their value would be a good store of wealth, and guns seem to fit that bill. So when the dollar drops in value, it takes more dollars to buy the same guns, which means the guns are now worth more dollars.
BUT, and there's always a "but", I'd like to know (if what I said above is true) why guns haven't really increased in price all that much like PM's have. A Glock doesn't cost significantly more than it used to when it first came out. During that time, Gold has gone up 500%.
So what do you think? Guns as a store of wealth and alternative to PM's? And I'm talking about common firearms like Glocks, etc. as opposed to collector editions or full autos.
Now that Gold and Silver are uncomfortably high as far as buying any, I'm thinking of other things that are still relatively low. Guns, for example. Would they make sense to buy and hold onto as a means or storing wealth? Here's my reasoning:
The dollar is collapsing. Dollars are used to buy things. So things that keep their value would be a good store of wealth, and guns seem to fit that bill. So when the dollar drops in value, it takes more dollars to buy the same guns, which means the guns are now worth more dollars.
BUT, and there's always a "but", I'd like to know (if what I said above is true) why guns haven't really increased in price all that much like PM's have. A Glock doesn't cost significantly more than it used to when it first came out. During that time, Gold has gone up 500%.
So what do you think? Guns as a store of wealth and alternative to PM's? And I'm talking about common firearms like Glocks, etc. as opposed to collector editions or full autos.
