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<p>[QUOTE="torontokuba, post: 2139444, member: 56793"]I've read somewhere that precious metals are best described as <b>fear metals</b>, you buy them when you're afraid of every other investment. Any time a fanatic PM hoarder shows up with a PM investment or hedge topic, they seem to gravitate to fears.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>You hear fear of Mods, Wars, Extreme Weather, in conjunction with a hard push for everyone to buy PMs.</p><p><br /></p><p>The Armageddon, Doom and Gloom and Fiat Collapse sell is getting really old. You only have one life to live and you choose one filled with such fear? Seems like an awfully cowardly and uninformed existence. It's pretty sad.</p><p><br /></p><p>I know plenty of people who have gold and silver investments mixed in with their real investments. They do not have a tendency to pop up in investment forums and come across as a bit crazy. Many rational physical PM investors sold stacks for profit during this bubble and refrained from purchasing at high prices. Most are still waiting for the right time to get back in. History repeats itself, so, why would anyone buy high and wait for losses?[/QUOTE]</p><p><br /></p>
[QUOTE="torontokuba, post: 2139444, member: 56793"]I've read somewhere that precious metals are best described as [B]fear metals[/B], you buy them when you're afraid of every other investment. Any time a fanatic PM hoarder shows up with a PM investment or hedge topic, they seem to gravitate to fears. You hear fear of Mods, Wars, Extreme Weather, in conjunction with a hard push for everyone to buy PMs. The Armageddon, Doom and Gloom and Fiat Collapse sell is getting really old. You only have one life to live and you choose one filled with such fear? Seems like an awfully cowardly and uninformed existence. It's pretty sad. I know plenty of people who have gold and silver investments mixed in with their real investments. They do not have a tendency to pop up in investment forums and come across as a bit crazy. Many rational physical PM investors sold stacks for profit during this bubble and refrained from purchasing at high prices. Most are still waiting for the right time to get back in. History repeats itself, so, why would anyone buy high and wait for losses?[/QUOTE]
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