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<p>[QUOTE="Marshall, post: 1014401, member: 21705"]Having been through the boom and bust of commodities before, I decided to divest myself of my gold and a substantial portion of my silver. It's always better to take your profits BEFORE the cycle turns. When does the cycle turn? Historically just after EVERYBODY finally decides to follow the early birds. The last ones in ALWAYS lose to the early birds.</p><p><br /></p><p>This applies to all investments including Dot.com, Real Estate and Stocks. Anything can be overpriced, no matter what the underlying value.</p><p><br /></p><p>ps As the value of dollars fall when hyperinflation does hit, having a commodity priced in dollars may look like a great investment, but only if those dollars have value. You can't eat gold and at that point we're looking at seeds and bullets as the essential commodities, not gold.[/QUOTE]</p><p><br /></p>
[QUOTE="Marshall, post: 1014401, member: 21705"]Having been through the boom and bust of commodities before, I decided to divest myself of my gold and a substantial portion of my silver. It's always better to take your profits BEFORE the cycle turns. When does the cycle turn? Historically just after EVERYBODY finally decides to follow the early birds. The last ones in ALWAYS lose to the early birds. This applies to all investments including Dot.com, Real Estate and Stocks. Anything can be overpriced, no matter what the underlying value. ps As the value of dollars fall when hyperinflation does hit, having a commodity priced in dollars may look like a great investment, but only if those dollars have value. You can't eat gold and at that point we're looking at seeds and bullets as the essential commodities, not gold.[/QUOTE]
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how many of you own gold coins?
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