Gold & Silver Q & A

[GregorArturo]

My parents have a half mil in the stock and bond market right now. They're pretty confident it's safe and secure. I've been trying to convince to at least invest in $10k worth of gold and silver and store it at our house. How should I go about actually convincing them in my rational? Any valuable resources that my do the trick? I've basically been lecturing them, printing out news articles, and reminding them daily about the economy and what exactly happened today; like how the DOW has crashed over a 1000 points this week, and financial companies are doing bad, and gold/silver/mining companies are doing good, along with gold is going up.

[Rocky_Shorz]

I heard a great quote today...

my 401K plan is now a 201K...

I told my dad to grab some silver yesterday while the Market was down, with it jumping from 10.40 to 12 he did make a move earlier today.

That was just good timing on my part, crude is on its way back down again even after a facility was knocked out in Nigeria.

carrying 4 coins around versus a barrel of oil.. no brainer...

Point them to the article that the FDIC can no longer cover obligations...

that alone will get them rethinking where they are keeping their money...

[Zynox]

Originally Posted by GregorArturo

My parents have a half mil in the stock and bond market right now. They're pretty confident it's safe and secure. I've been trying to convince to at least invest in $10k worth of gold and silver and store it at our house. How should I go about actually convincing them in my rational? Any valuable resources that my do the trick?

GregorArturo,

Welcome ... to my world ... I had this very conversation today with my mother. She lived through the depression and realizes this is a different economic event, even that it is more severe, but we are talking about conditioned serious issues. How long have we all been blitzed with the meme to trust the system, prosper with the system, feed the system? I have not found any answer beyond gently encourage and move forward, as all folks come around to their decisions from within their perceived inner universes.

Funny thing was, while I was there, she gave me several updates on the gold price surge today, I hadn't checked, so, perhaps she might exit some before the rush.

Here is one imaginative idea, borrow some of their funds, and convert it to metal for them, and then all share some smiles later!

Namaste!

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Please be advised that I am not any form of a professional or paid investment adviser and each individual reading or posting questions or answers is responsible for their own investment decisions.