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Gold prices and silver, 50 years?
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<p>[QUOTE="jolumoga, post: 1854885, member: 41780"]Well, from my real life experience, owners of stocks get nervous over doom-and-gloom talk. I also got nervous back when I owned stocks years ago. I do not wish financial pain on anyone, except maybe executives with golden parachutes.</p><p><br /></p><p>As for bullion hawkers, I think people need to take responsibility for their own financial decisions. I also took a hit with silver's price drop, but I did not get mad at Jim Willie and other permabulls. I believe investing is a matter of timing, and so while the skepticism over PMs is understandable, we could see major down cycles within a secular bull market. I think it's a troubling indicator that gold is still well over $1,000 an ounce, from just a few hundred a decade or so ago. Despite talk of a recovery, gold refuses to go anywhere near $1,000, and silver has a hard time staying under $20.</p><p><br /></p><p>Anyway, hopefully we can all be winners, whether hard or paper asset investors.[/QUOTE]</p><p><br /></p>
[QUOTE="jolumoga, post: 1854885, member: 41780"]Well, from my real life experience, owners of stocks get nervous over doom-and-gloom talk. I also got nervous back when I owned stocks years ago. I do not wish financial pain on anyone, except maybe executives with golden parachutes. As for bullion hawkers, I think people need to take responsibility for their own financial decisions. I also took a hit with silver's price drop, but I did not get mad at Jim Willie and other permabulls. I believe investing is a matter of timing, and so while the skepticism over PMs is understandable, we could see major down cycles within a secular bull market. I think it's a troubling indicator that gold is still well over $1,000 an ounce, from just a few hundred a decade or so ago. Despite talk of a recovery, gold refuses to go anywhere near $1,000, and silver has a hard time staying under $20. Anyway, hopefully we can all be winners, whether hard or paper asset investors.[/QUOTE]
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Gold prices and silver, 50 years?
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