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Gold $1,020.00, Silver $21.00 can it be?.
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<p>[QUOTE="JIMV, post: 397063, member: 11853"]The issue really is, how deos one get by when ones investments take a hit and ones house drops seriously in value? Not easy if one also was foolish enough to get too big a mortgage and holds too many debts. I bought in December, lowballed 10% and put 25% down. The value has to go way down to catch me and I do not see much more than a 10-20% correction in my local market. I got rid of almost all debt and moved from a greedy blue tax happy state to a good solid business friendly one where my retirement income is protected from government greed. I bought, very modestly, a few score gold coins and about 100 silver dollars over the last few years in anticipation yet...my banks accounts are pretty empty and the unexpected spooks me. It also does not help that my government dental plan stinks.</p><p> </p><p>Holding on t the gold is easier said than done.[/QUOTE]</p><p><br /></p>
[QUOTE="JIMV, post: 397063, member: 11853"]The issue really is, how deos one get by when ones investments take a hit and ones house drops seriously in value? Not easy if one also was foolish enough to get too big a mortgage and holds too many debts. I bought in December, lowballed 10% and put 25% down. The value has to go way down to catch me and I do not see much more than a 10-20% correction in my local market. I got rid of almost all debt and moved from a greedy blue tax happy state to a good solid business friendly one where my retirement income is protected from government greed. I bought, very modestly, a few score gold coins and about 100 silver dollars over the last few years in anticipation yet...my banks accounts are pretty empty and the unexpected spooks me. It also does not help that my government dental plan stinks. Holding on t the gold is easier said than done.[/QUOTE]
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Gold $1,020.00, Silver $21.00 can it be?.
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