Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
is silver a bargain at $40 ?
>
Reply to Thread
Message:
<p>[QUOTE="Elapid, post: 1249046, member: 28594"]These are times that we have never seen before in history, there has never been a scenario like the one we are looking at now. The American economy is down this has happened before and it bounced right back. But this is a different situation we are looking at, all economies are failing and this is a world wide depression. I'm willing to bet on two horses in this race. One horse is named Precious Metals and the other is named US dollars. I plan on riding both until one starts to show strength over the other. Currently Precious metal is the strong horse. When we get people in government that understand the business of America is business the business sector will start to override Precious Metals. Until I see this happening, the majority of my liquid assets are moving on Precious metals. Currently my investment is running 50% on the market and 50% PM. Currently I riding a 6% pm and want to get that up to 25% by the end of the year. There is a big dip on the market and you need to treat this the same as a big dip in spot prices, it's a buying opportunity. I'll let you know how this theory pans out in about 5 years. Until then that's the horses I'm betting on[/QUOTE]</p><p><br /></p>
[QUOTE="Elapid, post: 1249046, member: 28594"]These are times that we have never seen before in history, there has never been a scenario like the one we are looking at now. The American economy is down this has happened before and it bounced right back. But this is a different situation we are looking at, all economies are failing and this is a world wide depression. I'm willing to bet on two horses in this race. One horse is named Precious Metals and the other is named US dollars. I plan on riding both until one starts to show strength over the other. Currently Precious metal is the strong horse. When we get people in government that understand the business of America is business the business sector will start to override Precious Metals. Until I see this happening, the majority of my liquid assets are moving on Precious metals. Currently my investment is running 50% on the market and 50% PM. Currently I riding a 6% pm and want to get that up to 25% by the end of the year. There is a big dip on the market and you need to treat this the same as a big dip in spot prices, it's a buying opportunity. I'll let you know how this theory pans out in about 5 years. Until then that's the horses I'm betting on[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
is silver a bargain at $40 ?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...