Afternoon everyone …
What’s in a number?…..
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…..
These are one of my favorite modern day silver bars….
I love the Germania Mint bars. They are so classy looking and well done
