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Is now the time to give up on PMs and look to the stock market?
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<p>[QUOTE="Clawcoins, post: 3139288, member: 77814"]I have different levels of investments and different risk levels.</p><p><br /></p><p>Right now coins/PMs just are being starved as I put more money into the financial markets than anything else - I did buy a flying cent by accident though lol. I can even get a guaranteed 1.75% (check AllyBank or American Express [and others] High Yield Savings Accts) on my savings account right now - PMs can't guarantee anything. And it's 100% liquidity, unlike PMs which have to be converted first with potential overhead/processing costs.</p><p><br /></p><p>Silver (& Gold) is a great PM to buy because it is cheap. And unlike any financial investment you can look at it, touch it, feel like. See how shiny it is when you polish it. It tap it and hear it "ding".</p><p><br /></p><p>Of course one must not look beyond the multiple supplies of PMs. Think jewelry stores .. there's tons of it of course. The Silver/Gold supply is not just the new mining supply. But when prices get too high you get an influx of secondary and terciary supplies. Just like in 2011. This makes high prices unattainable for long periods of time. First some type of price shock, then you get an influx of add'l supply due to the artificial high prices.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 3139288, member: 77814"]I have different levels of investments and different risk levels. Right now coins/PMs just are being starved as I put more money into the financial markets than anything else - I did buy a flying cent by accident though lol. I can even get a guaranteed 1.75% (check AllyBank or American Express [and others] High Yield Savings Accts) on my savings account right now - PMs can't guarantee anything. And it's 100% liquidity, unlike PMs which have to be converted first with potential overhead/processing costs. Silver (& Gold) is a great PM to buy because it is cheap. And unlike any financial investment you can look at it, touch it, feel like. See how shiny it is when you polish it. It tap it and hear it "ding". Of course one must not look beyond the multiple supplies of PMs. Think jewelry stores .. there's tons of it of course. The Silver/Gold supply is not just the new mining supply. But when prices get too high you get an influx of secondary and terciary supplies. Just like in 2011. This makes high prices unattainable for long periods of time. First some type of price shock, then you get an influx of add'l supply due to the artificial high prices.[/QUOTE]
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Is now the time to give up on PMs and look to the stock market?
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