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<p>[QUOTE="fatima, post: 1360285, member: 22143"]I agree. My first post in this topic said that based on the last 30 years, there has not been a single investment strategy, i.e. demand accounts vs equities vs PM, that if held over this entire period would have resulted in good things. But each one of these did have it's day during these 3 decades. The point being that you have to forget past performance and look at the conditions of today and where they are likely to lead over the next few years. </p><p><br /></p><p>(I'm thinking that when you see gold sold in Walmart, then the herds will have arrived.)</p><p><br /></p><p>I am bullish on gold because I absolutely do believe the world finance system is running out of control as the math indicates. Since I'm an engineer by education, I decided to do my own research project on how the system works and what I've found is scary at best and makes me angry as well. It's taken a considerable amount of time just to get a handle on what they are doing (huge obfuscation), but now having done so, I don't see how any recovery is possible. What I don't know is how the eventual mitigation will manifest itself. No matter how it turns out, I do think gold's value will hold because in the end, this is all that will be left of the current finance system that is of worth. I won't include silver in this remark because I honestly don't know how it will fit in as the system doesn't care about it. Everything else will have to be reset. </p><p><br /></p><p>The preview of these events is starting with Greece. Get the bowl of popcorn out.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1360285, member: 22143"]I agree. My first post in this topic said that based on the last 30 years, there has not been a single investment strategy, i.e. demand accounts vs equities vs PM, that if held over this entire period would have resulted in good things. But each one of these did have it's day during these 3 decades. The point being that you have to forget past performance and look at the conditions of today and where they are likely to lead over the next few years. (I'm thinking that when you see gold sold in Walmart, then the herds will have arrived.) I am bullish on gold because I absolutely do believe the world finance system is running out of control as the math indicates. Since I'm an engineer by education, I decided to do my own research project on how the system works and what I've found is scary at best and makes me angry as well. It's taken a considerable amount of time just to get a handle on what they are doing (huge obfuscation), but now having done so, I don't see how any recovery is possible. What I don't know is how the eventual mitigation will manifest itself. No matter how it turns out, I do think gold's value will hold because in the end, this is all that will be left of the current finance system that is of worth. I won't include silver in this remark because I honestly don't know how it will fit in as the system doesn't care about it. Everything else will have to be reset. The preview of these events is starting with Greece. Get the bowl of popcorn out.[/QUOTE]
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