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is silver a bargain at $40 ?
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<p>[QUOTE="medoraman, post: 1247898, member: 26302"]I would view the market from March 2009 on as a reversion to the mean of an overcorrection. Remember that the market dropped like 40% before that. Markets always overreact in both directions. Therefor I do not think that had much to do with gold.</p><p><br /></p><p>Right now, I don't really see a good place for cash, which is why I think a lot of money goes into commodities like gold. Almost every other investment type has problems or no returns. My opinion if markets stay like this, or get worse gold will continue to rise. If a stock market, a currency market, or some other investment vehicle starts to have a good return I think you will start seeing gold ease back down.</p><p><br /></p><p>Just my opinion of course. I have no idea what the Fed will due, but it would not surprise me. The Fed has seemed inclined to mortgage their future already, what is a little more? The Fed has turned from a respected limiting institution into a political slush fund in the last few years.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1247898, member: 26302"]I would view the market from March 2009 on as a reversion to the mean of an overcorrection. Remember that the market dropped like 40% before that. Markets always overreact in both directions. Therefor I do not think that had much to do with gold. Right now, I don't really see a good place for cash, which is why I think a lot of money goes into commodities like gold. Almost every other investment type has problems or no returns. My opinion if markets stay like this, or get worse gold will continue to rise. If a stock market, a currency market, or some other investment vehicle starts to have a good return I think you will start seeing gold ease back down. Just my opinion of course. I have no idea what the Fed will due, but it would not surprise me. The Fed has seemed inclined to mortgage their future already, what is a little more? The Fed has turned from a respected limiting institution into a political slush fund in the last few years.[/QUOTE]
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is silver a bargain at $40 ?
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