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2011 GOLD high $1,500.00, SILVER high $24.00
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<p>[QUOTE="fools_gold, post: 1080966, member: 20669"]Interesting read. Premature end to QE2 eh?.....hmmm.....</p><p><br /></p><p>You know I was thinking yesterday, what if all this bullion buying that we are doing doesn't matter or worse, we end up with less than someone who hasn't done a thing?</p><p><br /></p><p>So for example, someone with $50,000 USD keeps it in the bank earning 1% interest if even. Meanwhile, we take our $50,000 and buy as much PM's as possible.</p><p><br /></p><p>2-3 years from now, for whatever reason, PM's DROP like a rock and you end up with much less than $50,000 if you decide to sell.</p><p><br /></p><p>Meanwhile, the other guy who spent zero effort into PM's, ends up with more wealth than you. (including the -4% he's losing from inflation)</p><p><br /></p><p><br /></p><p>I suppose anything can happen, but it's almost damned if you do and damned if you don't eh???[/QUOTE]</p><p><br /></p>
[QUOTE="fools_gold, post: 1080966, member: 20669"]Interesting read. Premature end to QE2 eh?.....hmmm..... You know I was thinking yesterday, what if all this bullion buying that we are doing doesn't matter or worse, we end up with less than someone who hasn't done a thing? So for example, someone with $50,000 USD keeps it in the bank earning 1% interest if even. Meanwhile, we take our $50,000 and buy as much PM's as possible. 2-3 years from now, for whatever reason, PM's DROP like a rock and you end up with much less than $50,000 if you decide to sell. Meanwhile, the other guy who spent zero effort into PM's, ends up with more wealth than you. (including the -4% he's losing from inflation) I suppose anything can happen, but it's almost damned if you do and damned if you don't eh???[/QUOTE]
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