help with this should i pull all my savings and buy silver/gold?

Q: with everyting thats going on should i pull all my geen dollars and buy silver or gold? i keep thinking it would have more value then keeping it in the bank and loseing it i was thinking of buying coins ,canada maple leafs silver coins or gold coins. 300 or 500 onces

A: No. What would you do if you did this and then the prices of silver and gold plummeted? Diversifying is never a bad idea, buy some gold, but keep some in savings too. I'm not sure where your savings account is held, but there are banks that give decent interest. Where I have my savings account (ING) I receive 3% interest with no minimums or transaction fees. It is an online only bank, but that is what works best for me anyways. I just transfer money to my checking account when I decide I need more cash on hand.

Related items