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<p>[QUOTE="BusterHighman, post: 1154516, member: 29945"]PMs are not is a bubble. Not even close. How many people do you know that own more that 5 oz of physical metal? I don't know a single person who owns a single ounce aside from jewelry. Not one single person. </p><p><br /></p><p>How many people were buying NASDAQ stocks in the tech bubble or houses in the mortgage bubble? How many students are borrowing for their education in the current student loan bubble? The only reason you say "everyone is telling you to buy" is because of the Internet. It allows you to find real information in a way that you couldn't in the past. Most people still get their investment advice either from cable TV or not at all. We are in the 3rd inning of the PM bubble and things don't get really interesting until the top of the 8th. </p><p><br /></p><p>Does suggesting that someone put a "nominal" amount into PMs mean they should leave a significant amount in fiat paper? Talk about an investment bubble that is in the late stages. We're in the bottom of the 9th and the US Dollar is down by 14 Trillion in that bubble.[/QUOTE]</p><p><br /></p>
[QUOTE="BusterHighman, post: 1154516, member: 29945"]PMs are not is a bubble. Not even close. How many people do you know that own more that 5 oz of physical metal? I don't know a single person who owns a single ounce aside from jewelry. Not one single person. How many people were buying NASDAQ stocks in the tech bubble or houses in the mortgage bubble? How many students are borrowing for their education in the current student loan bubble? The only reason you say "everyone is telling you to buy" is because of the Internet. It allows you to find real information in a way that you couldn't in the past. Most people still get their investment advice either from cable TV or not at all. We are in the 3rd inning of the PM bubble and things don't get really interesting until the top of the 8th. Does suggesting that someone put a "nominal" amount into PMs mean they should leave a significant amount in fiat paper? Talk about an investment bubble that is in the late stages. We're in the bottom of the 9th and the US Dollar is down by 14 Trillion in that bubble.[/QUOTE]
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