Reply to Thread

Message:: [QUOTE="GoldFinger1969, post: 8229795, member: 73489"]PMs are simply not likely to be good investments over very long periods of time.  It's possible -- if you market time the buy and the sale correctly -- that you can make a nice 1-time return.  It's also possible that once in your lifetime PMs will skyrocket and any holder of PMs will make out nicely (like the 1970's). But it's simply impossible to make the case for PMs over a long period of time to generate positive investment returns on a non-biased 30-year rolling time period where beginning/ending periods do not matter. Now, if Russia does something stupid and PM's explode for the next 10-15 years or something, who knows ? But PM's can't benefit from expanding P/E ratios....generally don't pay a dividend....don't offer growth opportunities....etc.  This is why I always consider PM's to be SPECULATIONS and not investments. Same with coins.  I take a look at the returns on trophy coins -- in my case, Saints -- and I see 6-7% returns, tops, over multiple decades, far worse than stocks and even bonds.  And that's with coins for the super-rich who are largely price-insensitive and can afford to pay top dollar for ultra-rarities.[/QUOTE]