Global Financial Crisis in 2015 2017 -- Mike Maloney

o all the skeptics out there: no one is trying to sell you gold and silver. Gold and silver are still scarce chemical elements on earth (unlike diamonds, which can be lab-made today from basic carbons - most abundant elements on earth). Because these elements are finite, it makes sense to hedge your savings in them during hard times - their amounts will not be affected by financial crises. People tend to divert to these elements during market crashes. That's really all there is to it.



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