Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Debt Ceiling Effects On Gold and Silver
>
Reply to Thread
Message:
<p>[QUOTE="medoraman, post: 1803046, member: 26302"]I believe that its shocking to some PM people, (not saying anyone here), why PM has not skyrocketed during this issue. To me, cash is king in such times. Look at 2008/2009. PM tanked along with most other investments. When there is major movements in markets, and major uncertainty, having your money in cash is the best place to be for many reasons; you will not lose money, you are liquid, and you are in a position to take advantage of opportunities as they arise.</p><p><br /></p><p>Being invested in PM is not liquid. So, if the crisis worstens, I fully expect PM to take a hit as people sell. I would wager its not the predominate thinking amongst PM investors.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1803046, member: 26302"]I believe that its shocking to some PM people, (not saying anyone here), why PM has not skyrocketed during this issue. To me, cash is king in such times. Look at 2008/2009. PM tanked along with most other investments. When there is major movements in markets, and major uncertainty, having your money in cash is the best place to be for many reasons; you will not lose money, you are liquid, and you are in a position to take advantage of opportunities as they arise. Being invested in PM is not liquid. So, if the crisis worstens, I fully expect PM to take a hit as people sell. I would wager its not the predominate thinking amongst PM investors.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Debt Ceiling Effects On Gold and Silver
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...