Precious Metals
I thought it might be interesting to try and provide a resource for readers to track pricing for some precious metals (PM/PM’s). I happened across a website called Gold Broker and found some scripts that I could embed into my website.
Now why would you need to know anything about PM’s? Well, because when hyper-inflation arrives via the Democratic party’s disastrous policies and the economy crashes HARD, currency in the form of PM’s is going to be the primary source of revenue for barter and trade. Don’t believe me? Here’s a hint, select a PM below and then select the “ALL” button. Notice what happens during the years when a Dem occupies the White House. Prices go UP UP UP! Because let’s face it, no one trusts a Dem to do anything other than add to an already bloated government apparatus and raise taxes. So, in that regard, they are quite predictable and the gold and silver indexes reflect that.
There are also tax implications that you should be aware of should your PM collection (specifically coins) pass to a future generation. Here are some articles that step through this topic:
Gold price by GoldBroker.com
Silver price by GoldBroker.com