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<p>[QUOTE="myownprivy, post: 3641067, member: 84588"]Of course not!</p><p>I suppose my point in posting this is to illustrate that elitists who think buying precious metals is something to be mocked and that smart people with money invest in the market and property exclusively are wrong.</p><p><br /></p><p>Likewise, conspiracy theorists who say things like: "if you don't hold it you don't own it" and who think the system is controlled by "them" (Jews, bankers, lizard people, secret societies, or some other cabal) and therefore you should not put money in the market where "they" will slowly steal it but instead should buy silver and gold, are also wrong. </p><p><br /></p><p>Look, gold is up 14%! So when the market is down, you're safe. However, the market itself is still up in solid double digits for the year and is the primary long term strategy.</p><p><br /></p><p>My friends and colleagues right now are really sweating after the market started to tank, but I am cool as a cucumber as my gold and silver is now worth thousands more than it was 8 months ago, offsetting these few day losses.[/QUOTE]</p><p><br /></p>
[QUOTE="myownprivy, post: 3641067, member: 84588"]Of course not! I suppose my point in posting this is to illustrate that elitists who think buying precious metals is something to be mocked and that smart people with money invest in the market and property exclusively are wrong. Likewise, conspiracy theorists who say things like: "if you don't hold it you don't own it" and who think the system is controlled by "them" (Jews, bankers, lizard people, secret societies, or some other cabal) and therefore you should not put money in the market where "they" will slowly steal it but instead should buy silver and gold, are also wrong. Look, gold is up 14%! So when the market is down, you're safe. However, the market itself is still up in solid double digits for the year and is the primary long term strategy. My friends and colleagues right now are really sweating after the market started to tank, but I am cool as a cucumber as my gold and silver is now worth thousands more than it was 8 months ago, offsetting these few day losses.[/QUOTE]
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