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<p>[QUOTE="Brett_in_Sacto, post: 2315495, member: 71510"]Since the peak in May, stocks are down over 10%. Dow was at 18,400 and now at 16,400.</p><p><br /></p><p>Gold was at 1200 and is now at 1100. That's slightly less than 10%</p><p><br /></p><p>On Jan 1st 2015, the DOW opened around 17,700 and gold around 1180. Both lost around 9% since the beginning of the year.</p><p><br /></p><p>In mathematical terms - the losses were about even, give or take a percentage or two.</p><p><br /></p><p>The difference is that gold is nearer to the lows and the stock market closer to it's high - and it has been on a terror of "irrational exuberance" as Greenspan would say for the last 4-5 years.</p><p><br /></p><p>The difference to me is that I moved out of stocks/mutual funds in May and started moving into gold and silver investments.</p><p><br /></p><p>Moving out of the stocks at the high and moving into PM towards the low is the technical definition of "buy low - sell high."</p><p><br /></p><p>Time will tell, but I'm positioned strongly in cash and acquiring PM throughout the summer.</p><p><br /></p><p>If you look at macro trends, PM has a better chance to run and recover.</p><p><br /></p><p>Election year, lame duck president, inflation, etc... Perfect storm.[/QUOTE]</p><p><br /></p>
[QUOTE="Brett_in_Sacto, post: 2315495, member: 71510"]Since the peak in May, stocks are down over 10%. Dow was at 18,400 and now at 16,400. Gold was at 1200 and is now at 1100. That's slightly less than 10% On Jan 1st 2015, the DOW opened around 17,700 and gold around 1180. Both lost around 9% since the beginning of the year. In mathematical terms - the losses were about even, give or take a percentage or two. The difference is that gold is nearer to the lows and the stock market closer to it's high - and it has been on a terror of "irrational exuberance" as Greenspan would say for the last 4-5 years. The difference to me is that I moved out of stocks/mutual funds in May and started moving into gold and silver investments. Moving out of the stocks at the high and moving into PM towards the low is the technical definition of "buy low - sell high." Time will tell, but I'm positioned strongly in cash and acquiring PM throughout the summer. If you look at macro trends, PM has a better chance to run and recover. Election year, lame duck president, inflation, etc... Perfect storm.[/QUOTE]
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