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Faith in Silver . . . Misdirected?
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<p>[QUOTE="Deadline, post: 2887584, member: 83423"]Hard assets will always hold intrinsic value, land PM's etc. Investing in itself is a gamble and what you invest in determines the risk you are willing to take. PM's are a long term play, buy it, stash it and forget about it. Silver is highly volatile and extremely risky as a short term play. Kurt has no idea what the future holds so why would you take investment advice from him or anyone else for that matter. The best investment advice I ever received was "Invest your money where you think it should be". Kurt has a major resentment towards an inanimate object, silver, and has made that quite clear. He needs emotional management long before giving investment advice. There are a bunch of billionaires and extremely successful investors that are, and have been, moving into PM's in the last six months. You want to go against the crowd, buy low and sell high. Hint, the stock market is nearing its peak and PM's are pretty low. China, Russia and the central banks are amassing gold and silver at an alarming rate, its no accident. They know what's coming down the pipe. Its easier to ignore than to accept and prepare. Trading worthless, debt backed FRN's for real money is a no brainer for me. Don't forget as well that when a stock market corrects itself it will bring PM's down with it at first and then they separate.[/QUOTE]</p><p><br /></p>
[QUOTE="Deadline, post: 2887584, member: 83423"]Hard assets will always hold intrinsic value, land PM's etc. Investing in itself is a gamble and what you invest in determines the risk you are willing to take. PM's are a long term play, buy it, stash it and forget about it. Silver is highly volatile and extremely risky as a short term play. Kurt has no idea what the future holds so why would you take investment advice from him or anyone else for that matter. The best investment advice I ever received was "Invest your money where you think it should be". Kurt has a major resentment towards an inanimate object, silver, and has made that quite clear. He needs emotional management long before giving investment advice. There are a bunch of billionaires and extremely successful investors that are, and have been, moving into PM's in the last six months. You want to go against the crowd, buy low and sell high. Hint, the stock market is nearing its peak and PM's are pretty low. China, Russia and the central banks are amassing gold and silver at an alarming rate, its no accident. They know what's coming down the pipe. Its easier to ignore than to accept and prepare. Trading worthless, debt backed FRN's for real money is a no brainer for me. Don't forget as well that when a stock market corrects itself it will bring PM's down with it at first and then they separate.[/QUOTE]
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