Is now the time to give up on PMs and look to the stock market?

No I don't. This is a forum for chat, not a master's thesis. If everyone who wrote anything here had to substantiate their claims with evidence proven and agreed by peer review, it would be a very different thing. I'm sorry, but if I easily had the "evidence" you're requesting, I would just tell you, but I don't have it. All I have is some 50 years of investing in the market and a gut feel that most of my stocks have had dividends. I figure you must have some more accurate evidence against the claim, since it appears you know differently.

 

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Yes, but before 1913, we essentially ran the entire federal government on tariffs. They can be an important revenue source if we so choose. Between that, growth rates that look better than 2x that typical this century, and some increased sanity on promise-making, we have the chance to escape this with no calamity. We were in SURPLUS within the past 20 years, and NEARLY every budget year in the past 10, while in deficit, came in at a LOWER deficit than projected.

In my state's budget, we went from "OHMYGOSH, where are we going to find revenue???" to "No problem, everything's fine" in about 6 months. Real serious growth cures a lot of ills. Growth "counts double". Fewer people NEED help, and there's more money around to help those who still do.

 

Panic sells all sorts of stuffs. More panic, more stuffs sold.

 

You get that much? Lucky. I've had a couple years of 0% lately.

Real Wage growth that we look back into history, just a few decades ago, probably won't happen like that again. We don't have rigid domestic labor markets anymore, and our trade unions are not what they were in the past both which contribute to consistent wage/price increases. Global Outsourcing, work visas, etc all have dispelled that wage model. Just the Global Economy has changed the way companies operate and pay.

Even Silver and Gold has changed so much. Just from not being pegged to the Dollar let them free to be their own individual commodity price leveling.

 

Now how about everyone head over to the US Coin Forum and give me an opinion on a new Seated Half? I just created the thread.

 

panic selling it ?
lol

 

That’s an interesting question. What percentage of stocks pay dividends?

I would have to guess only a minority. Go beyond the Dow 30 and the S&P 500 and you hit the Russell 2000 where I bet only a handful of companies pay.

 

All I can say is that when everyday living costs go up about 5% monthly, that 2% is pretty pointless. Nothing seems to make any sense anymore economically. Agree that much has changed and I don't know how it will sustain itself. It seems unlikely to be able to w/o some major shift in something or some other major event. Course today, anything is likely and hence my amazement at how it all keeps rolling. I do believe the world has gone plum crazy.

 

Everything in Warren Buffett's portfolio, for a starter. And if they don't when Warren buys them, he makes them do it.

 

When you’re retired, you have lots of time to examine your armpits for fleas.

 

And "nines", please do. Isn't it about time for your nap so you can stay up all night listening to "Coast to Coast"?

 

Again with this ongoing search for insects via hairy objects. Is this how my retirement is supposed to be spent?

 

Well I play golf but it’s raining today.

 

A diversified portfolio can be a hedge, so you wouldn't have to give up PM's completely. Stocks, bonds, PM's, real estate, and cash.
As for:

This really isn't true. It might be true these days when Amazon is $1800 a share and their earnings don't even support a $100 stock.
But in the old days a company was analyzed by earnings, profits, current products and products in the pipeline, price to earnings ratio, dividends, as well as the talent of the labor force and executives.
So when all of these things look positive, it's not "perception" that drives the stock but solid fundamentals.

 

Investing is a real pain now. Frankly, I think the Dow may have seen it’s 2018 high in January, though I hope I’m wrong. One shouldn’t want to lock in too terribly much money in Treasuries with rates still below 3 percent. PMs stink right now. At least one can put cash in some CDs that at least pay something as compared to money market accounts.

Really, I think it’s an individual stock pickers market. Do your homework - and lots of luck.

 

Truth. Maybe even 9 years ago.

 

I stopped investing in Heavy DOW markers and have stuck with Nasdaq index, S&P500 Index, Top Large Caps (FAANG+).

A while ago I pulled out of my DOW markers, International funds, National & Int'l High Yield Bond Funds (becz the stock price has been dropping), and other stuff.

I am making a killing in individual stocks though.

Although I ran out of investing money and only have experimental investing monies now (sub $500). Although there's a few I want to move into before they get to high - been moving from single digits to close to 20. Wish I made more money so I can invest more.

PMs .. yawn. I like the designs which is really the only reason I collect PMs but only as US Mint coinage. I used my PMs for a particular reason these past several years, but would feel fine divesting of them now.

FYI, I've been investing since 1978 and part of my degree was in stock investing. The market has changed so much over the years.

 

Comes on in ten minutes "bellman." But I'll rest up for tomorrow instead. I'm not a state bureaucrat on summer vacation.