Is this true about precious metals?

Question

I can't think of another commodity, physical asset, or product (not paper investments) that is less likely to depreciate over time.

I understand that YES, precious metals can depreciate simply by supply/demand, inflation/deflation. But, comparatively, other things are much worse. What else can I buy and resell for a profit after time?

Baseball cards? A house (too much unfront & debt)? a car? Food? Electronics? CDs? DVDs? Books? antiques? Clothes? Ink carts?

So my question is, if I'm not into paper investments, would owning precious metals be the best alternative in both preserving purchasing power and potential profit?

I know metals can be hard to sell in depression and recession and deflation, but aren't everything?

I know property/land/housing is good, but that's too much debt and upfront cost, AIN'T IT? (who wouldn't want land if they can afford it?)

Answer 1

property, my lad.

God isn't making any more land and availability of the limited supply is restricted by politics in many areas. But demand soars, both as more people are added to the Earth and as per capita income increases.

This is likely a far better supply/demand situation than precious metals since more deposits are being turned into mines every year and it seems that there are plenty of additional areas in which to look for yet more deposits.


GL

Answer 2

If that's authentic, i do no longer think of which will impact the US's potential to produce weapons reason the US is the international's maximum industrialized united states and actual they are in a position to construct some factories and convey the components themselves. And the US is endowed with organic components. components which they'd commerce for steel with different international places.

Answer 3

metals have no more value than cash in the bank and are no more stable. Metals can also be difficult to liquidated in a depressed economy