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<p>[QUOTE="jolumoga, post: 1719983, member: 41780"]Personally, I will probably be putting more into the U.S. dollar against other currencies, and will likely accumulate gold at these prices. I like gold because it's more internationally-recognized, though silver is looking much more attractive than before because it overshoots downwards. So I am bullish on the U.S. dollar over the next few months*, but only because other nations are worse off and we have the greatest military. I still think precious metals are a good hedge to the dangers in the financial system. And I hope, I hope, I will get my day in the soapbox later in the year if the stock market crashes and precious metals are scooped up, but either way I'll be OK because unlike stocks precious metals can't in theory go to zero, and I will likely be buying dollars along the way in the highly-leveraged currency market. I also don't think stackers are doing things wrong, to the extent that they are saving in some form while most Americans are using their credit cards and building up debt.</p><p><br /></p><p>*We may, however, see a correction in the U.S. dollar in the very near term that causes silver to reach 25-26 as I posted earlier, but then again, the rest of the world seems to be generally worse off at the moment because the U.S. at least has the global reserve currency.[/QUOTE]</p><p><br /></p>
[QUOTE="jolumoga, post: 1719983, member: 41780"]Personally, I will probably be putting more into the U.S. dollar against other currencies, and will likely accumulate gold at these prices. I like gold because it's more internationally-recognized, though silver is looking much more attractive than before because it overshoots downwards. So I am bullish on the U.S. dollar over the next few months*, but only because other nations are worse off and we have the greatest military. I still think precious metals are a good hedge to the dangers in the financial system. And I hope, I hope, I will get my day in the soapbox later in the year if the stock market crashes and precious metals are scooped up, but either way I'll be OK because unlike stocks precious metals can't in theory go to zero, and I will likely be buying dollars along the way in the highly-leveraged currency market. I also don't think stackers are doing things wrong, to the extent that they are saving in some form while most Americans are using their credit cards and building up debt. *We may, however, see a correction in the U.S. dollar in the very near term that causes silver to reach 25-26 as I posted earlier, but then again, the rest of the world seems to be generally worse off at the moment because the U.S. at least has the global reserve currency.[/QUOTE]
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