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<p>[QUOTE=&quot;passantgardant, post: 1155759, member: 30033&quot;]Actually you&#039;re wrong, that&#039;s a myth.&nbsp; Almost nobody makes money over long periods of time.&nbsp; It&#039;s all made (or lost) at market tops and bottoms.&nbsp; If you buy at the wrong time, you can go decades without ever recouping your investment.&nbsp; Most people only identify trends when they&#039;ve just about exhausted themselves, which is why almost nobody is in precious metals yet.&nbsp; When the &quot;mania&quot; hits (i.e. when the general public identifies the trend), that&#039;s when you get out, not when you get in.&nbsp; Warren Buffet has warned, &quot;You pay a very high price in the stock market for a cheery consensus.&quot;&nbsp; You buy when there&#039;s blood in the streets, as Baron Rothschild pointed out.</p><p>&nbsp;</p><p><br /></p><p><br /></p><p>The dollar is decreasing in value because of government borrowing and central bank printing, not because of imports or exports.&nbsp; Exports are going up because our products are on sale.&nbsp; Nobody makes money by increasing output at fire-sale prices!&nbsp; It just means our import costs are going up!&nbsp; And it&#039;s going to get much much worse as China stops devaluing their currency to match the Fed, which they are sure to do given their very high levels of inflation.&nbsp; Since virtually everything we buy was made in China, get ready for prices to skyrocket!&nbsp; Oh, this is good for domestic production, you say.&nbsp; Only marginally.&nbsp; Not nearly enough to offset the massive pain soon to be inflicted upon American consumers.[/QUOTE]</p><p><br /></p>

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