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<p>[QUOTE=&quot;Vess1, post: 8229582, member: 13650&quot;]There was huge opportunity in 2008.&nbsp;&nbsp; I sold some shares of Autozone at $150 a piece that I had held onto for about 8 years.&nbsp; Figured that was as strong as it gets for them.&nbsp;&nbsp; Now that they went to over $2k a share, I try not to think about it.&nbsp; &nbsp; Ford was down to a $1 that year.&nbsp;&nbsp; Didn&#039;t know if the big 3 were going to make it.&nbsp; &nbsp; </p><p>&nbsp;&nbsp; My portfolio is down about 5% since the year started.&nbsp; I keep putting money in and it keeps dropping daily.&nbsp; &nbsp; Mostly based on S&amp;P performance.&nbsp; &nbsp;&nbsp; </p><p><br /></p><p>&nbsp;&nbsp; I love PMs but have to say they&#039;ve been the biggest disappointment investment wise.&nbsp;&nbsp; <b>In 2010 silver was $24 an ounce.&nbsp;&nbsp; In 2022 silver is $24 an ounce.&nbsp;&nbsp; </b> The premium you pay for physical over the cash price you will get when you sell is ridiculous and difficult to overcome without major upward movement.</p><p><br /></p><p>&nbsp;&nbsp; &nbsp; The national debt was around 20 trillion then.&nbsp; It&#039;s over 30 trillion today.&nbsp; &nbsp;&nbsp; Inflation is running rampant.&nbsp;&nbsp; Saw a chart today that showed overall costs for a family of two based off of government printed statistics, HUD, USDA, dept of energy, averaged out over the entire US...... costs have went up 36%&nbsp; overall in the last 14 months for a family of two.&nbsp;&nbsp; That was including average rents, groceries, utilities, phone, internet, used car payment,car insurance and gasoline.&nbsp; No entertainment.&nbsp; &nbsp; &nbsp; So if you needed $15 an hour just to survive at the end of 2020 you need to be making $21 an hour now to have the same lifestyle.&nbsp;&nbsp; Officially they say inflation was 7%, the chart said its 36%.&nbsp; If it&#039;s off by 15% in error, it&#039;s still a staggering number in 14 months!</p><p><br /></p><p>&nbsp;&nbsp; PMs have been lifeless through all this and I suspect it&#039;s because SO much has been dumped into and tied up in the crypto market.&nbsp; &nbsp; When you start talking trillions tied up in how many different cryptos with everybody thinking, THEIRs is the one everybody is going to flock to.......some day in the future! , when everyone interested in it is already in one, that&#039;s a lot of money off the table.&nbsp; &nbsp; And most of them never sell because they&#039;re too afraid of missing gains!&nbsp;&nbsp; So there&#039;s never any actual profit realized.&nbsp; &nbsp; I heard of one called Hex that penalizes you for selling so nobody wants to sell!&nbsp;&nbsp; (Except the founder of course)</p><p><br /></p><p>&nbsp; To me things are waaaay way too fragile to trust holding any value in that garbage.&nbsp;&nbsp; Some people have way too much money to throw away IMO.&nbsp; &nbsp; People have lost so much bitcoin on hard drives that are unrecoverable when times are good.&nbsp; &nbsp; A lot of things could happen that would cause that stuff to disappear overnight or you simply can&#039;t gain access to it anymore.&nbsp; If you don&#039;t hold it, you don&#039;t own it.&nbsp;&nbsp; The stock market is risky enough and now you add crypto to the mix.&nbsp; It&#039;s spreading all the inflated investment money extremely thin.&nbsp; If it didn&#039;t exist, I suspect PMs would be sky high right now.&nbsp;&nbsp; I don&#039;t care what they do, I&#039;m just offering my opinion of how I see it.&nbsp;&nbsp; The governments don&#039;t like crypto but i&#039;m sure they love the vacuum of taking all that money out of the system so it doesn&#039;t actually show up and cause more inflation.[/QUOTE]</p><p><br /></p>

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