Message:

<p>[QUOTE=&quot;Juan Blanco, post: 1573113, member: 41665&quot;]Yes, of course. But that&#039;s not the point of the OP. </p><p><br /></p><p>A bullionist really ought to have a +5-25 year horizon. Anything less, the Paper PMs (ETFs) are preferable and far more economical for trading.</p><p><br /></p><p><br /></p><p><br /></p><p>I asked my coin guy about this, he swears the last time &quot;political events&quot; affected the POG was in the 1970s. Is this considered true by old timers?&nbsp; </p><p><br /></p><p>As an aside, I have my own &#039;conspiracy theory&#039; that the 1979/80 Investor&#039;s Death Spike (POG) began as the Islamic Revolutionary junta dumped the Iran&#039;s US paper assets from May 1979 onwards, buying Gold in London - and so <u>not</u> as a result of the Soviet Invasion of Afghanistan.&nbsp; (I have no proof of this, however.) </p><p><br /></p><p>An equivalent event presumes market machinations by several MENA/OPEC countries against the US Treasury Bond mkt in retaliation for something. I really don&#039;t see that happening in six months, though.[/QUOTE]</p><p><br /></p>

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