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<p>[QUOTE="Brett_in_Sacto, post: 2238542, member: 71510"]Then the smart money says to take advantage and plan your exit strategy for when you hit the same age.</p><p><br /></p><p>For someone that is strong on metrics you will also realize that the baby boomers were the "generation of saving" and a large one at that. Once the estate sales start to dry up, the next generation that starts to scrimp and save will be the recent one that came out of college with no job prospects - and sold off all of their parents' belongings to pay off that education (same set that encouraged their parents to re-fi their houses for vacation money). As the baby boomer generation starts to shrink (and it will since the birth rate fell off dramatically in the late 50's), there will be less and less opportunities.</p><p><br /></p><p>I don't know of many modern couples that have sterling silverware and serving dishes these days. I won't even dare to guess how much is being held in scrap piles or even melted down already.</p><p><br /></p><p>Economic prosperity is hitting in countries across the globe as the world population explodes. They aren't making any more land, and certainly aren't making any more of the minerals stored within it.</p><p><br /></p><p>As the population grows, uncertainty hits and demand for safety increases - I see an exit strategy that will ensure my retirement goals. Every electronic device needs some amount of gold and silver to operate. That demand will forever increase. There are both metals inside the machine y'all are on right now.</p><p><br /></p><p>Good investment isn't a short game. That's gambling in my book. For that I go to casinos where the odds don't matter - it's what color shirt I'm wearing and my horoscope predicts. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Kurt, I don't see anyone dumping on your investment strategy. Why such rhetoric and hatred for bullion? Unless you can predict the future better than the rest of us, and understand our positions in life - it's just mud slinging.[/QUOTE]</p><p><br /></p>
[QUOTE="Brett_in_Sacto, post: 2238542, member: 71510"]Then the smart money says to take advantage and plan your exit strategy for when you hit the same age. For someone that is strong on metrics you will also realize that the baby boomers were the "generation of saving" and a large one at that. Once the estate sales start to dry up, the next generation that starts to scrimp and save will be the recent one that came out of college with no job prospects - and sold off all of their parents' belongings to pay off that education (same set that encouraged their parents to re-fi their houses for vacation money). As the baby boomer generation starts to shrink (and it will since the birth rate fell off dramatically in the late 50's), there will be less and less opportunities. I don't know of many modern couples that have sterling silverware and serving dishes these days. I won't even dare to guess how much is being held in scrap piles or even melted down already. Economic prosperity is hitting in countries across the globe as the world population explodes. They aren't making any more land, and certainly aren't making any more of the minerals stored within it. As the population grows, uncertainty hits and demand for safety increases - I see an exit strategy that will ensure my retirement goals. Every electronic device needs some amount of gold and silver to operate. That demand will forever increase. There are both metals inside the machine y'all are on right now. Good investment isn't a short game. That's gambling in my book. For that I go to casinos where the odds don't matter - it's what color shirt I'm wearing and my horoscope predicts. :) Kurt, I don't see anyone dumping on your investment strategy. Why such rhetoric and hatred for bullion? Unless you can predict the future better than the rest of us, and understand our positions in life - it's just mud slinging.[/QUOTE]
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