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<p>[QUOTE="Tokens, post: 3420037, member: 102263"]Full disclaimer: I agree with what you're saying ONE HUNDRED PERCENT.</p><p>I noticed this a while back; that metals hoarders/fetishists tend to be unsophisticated best-case/dumb worst-case people who don't understand other, more complicated stuff associated with financial planning. Saying this comes off as 'arrogant' but is nevertheless true, regardless of the tears it causes.</p><p><br /></p><p>That being said, there is a third position here; that some people believe silver is cheap, has a lot of potential upside in these price ranges, the market is due to take a dump and when that happens, silver will invert.</p><p><br /></p><p>You recommended them putting money into CD's over silver at 15.XX an ounce? Seriously?</p><p><br /></p><p>Yes, I agree, indexing, so far, has been a great way to get ahead over time and a lot of people who don't understand markets tend to 'invest' in things that are more baubles than anything (a <span style="color: #ff0000">EDITED : LANGUAGE, READ THE RULES</span> )of the 'collectibles' market is like this) but there is a rational case for metals, right now, relative to everything else. What is 'arrogant' to point out is that a lot of the people who are getting involved with metals right now have basically no clue about any of this stuff and are like the addicts who bought <span style="color: #ff0000">edited :LANGUAGE: </span></p><p><span style="color: #ff0000"></span>[/QUOTE]</p><p><br /></p>
[QUOTE="Tokens, post: 3420037, member: 102263"]Full disclaimer: I agree with what you're saying ONE HUNDRED PERCENT. I noticed this a while back; that metals hoarders/fetishists tend to be unsophisticated best-case/dumb worst-case people who don't understand other, more complicated stuff associated with financial planning. Saying this comes off as 'arrogant' but is nevertheless true, regardless of the tears it causes. That being said, there is a third position here; that some people believe silver is cheap, has a lot of potential upside in these price ranges, the market is due to take a dump and when that happens, silver will invert. You recommended them putting money into CD's over silver at 15.XX an ounce? Seriously? Yes, I agree, indexing, so far, has been a great way to get ahead over time and a lot of people who don't understand markets tend to 'invest' in things that are more baubles than anything (a [COLOR=#ff0000]EDITED : LANGUAGE, READ THE RULES[/COLOR] )of the 'collectibles' market is like this) but there is a rational case for metals, right now, relative to everything else. What is 'arrogant' to point out is that a lot of the people who are getting involved with metals right now have basically no clue about any of this stuff and are like the addicts who bought [COLOR=#ff0000]edited :LANGUAGE: [/COLOR][/QUOTE]
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Do you buy Precious Metals because you don't know how to invest?
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