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<p>[QUOTE="coleguy, post: 1265935, member: 9167"]That is true, in selective terms like you posted. But in that same time I made over 800% on my investments, if not more, and that wasn't on risky stocks.</p><p><br /></p><p><br /></p><p><br /></p><p>I have to assume you're quite young, because the reasons I'm hearing now are the same reasons I heard 20 years ago. Remember, people who have a vested interest in bullion's growth make up all kinds of fabrications and predictions to justify their futures. I still stand by my remark about bullion being the Vegas of investments, for those reasons alone.</p><p><br /></p><p><br /></p><p><br /></p><p>I couldn't agree more...if we were talking traditional investments. Bullion, housing, and food commodities have always been on fairly predictable cycles. But again, people who are heavily invested in such investments rarely want to hear that and choose to read the stats that don't raise their blood pressure. Why, just a few years ago people were telling me I should buy a home because the market was hot and not going to slow down again. Most of those people filed for multiple bankruptcies since. Yes, there is a difference between gold and houses, but the fact that the only thing that drives their prices is demand, makes them very similar. And you can't live in gold.</p><p><br /></p><p>But, alas, I jumped ship on this subject because I saw what was going to happen. All the predicting in the world won't stop the inevitable. </p><p>Guy[/QUOTE]</p><p><br /></p>
[QUOTE="coleguy, post: 1265935, member: 9167"]That is true, in selective terms like you posted. But in that same time I made over 800% on my investments, if not more, and that wasn't on risky stocks. I have to assume you're quite young, because the reasons I'm hearing now are the same reasons I heard 20 years ago. Remember, people who have a vested interest in bullion's growth make up all kinds of fabrications and predictions to justify their futures. I still stand by my remark about bullion being the Vegas of investments, for those reasons alone. I couldn't agree more...if we were talking traditional investments. Bullion, housing, and food commodities have always been on fairly predictable cycles. But again, people who are heavily invested in such investments rarely want to hear that and choose to read the stats that don't raise their blood pressure. Why, just a few years ago people were telling me I should buy a home because the market was hot and not going to slow down again. Most of those people filed for multiple bankruptcies since. Yes, there is a difference between gold and houses, but the fact that the only thing that drives their prices is demand, makes them very similar. And you can't live in gold. But, alas, I jumped ship on this subject because I saw what was going to happen. All the predicting in the world won't stop the inevitable. Guy[/QUOTE]
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