Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Is silver over valued??
>
Reply to Thread
Message:
<p>[QUOTE="Evom777, post: 990208, member: 27123"]I'm not picking on your comments, but I wanted to use it as an illustration of the futility of trying to perform any sort of macro analysis on politics or economics, and expect to make money from the conclusions. It just isn't that easy. I think silver prices will rise, but not for the reasons you state.[/QUOTE]</p><p><br /></p><p>Sometimes it actually is easy to make money from a simple analysis.....The problem is We as people tend to cling on to "good ol days," with a hint of arrogance thrown in for good measure. Not too many people want to admit that America is far more fragile now than ever. We blow money on fighting ideologies while using politically correct tactics in Afghanistan and Iraq. We love to throw money at all of Our problems without spending the time to truly fix them. The average child in public school roughly is worth $5000 a year,(the most ever) and yet Our children still fall further every year academically. Go to any department store and see where the majority of products are now made......literally a blitz of Chinese crap. Find me one toy in Walmart or Target that`s made in America.(thanks for selling out there Hasbro) I talk to people of all walks and professions, and there is not a whole lot of optimism regarding where America is headed. People are well aware that both parties will not bring manufacturing back here.....and so those are a fraction of the reasons that I have for my outlook/analysis on the economy.</p><p><br /></p><p>As far as silver goes, I think that with it being a cheap alternative to gold, whether in jewelry or bullion, it will continue to rise. Even if the electronic industry were to switch to other metals that would not perform to level of silver, I don`t think it will ever drive silver down drastically. Besides, too many people are starting to invest in silver for either some of the reasons I listed or ones that I did not. Faith in Our governments and the dollar is dwindling.[/QUOTE]</p><p><br /></p>
[QUOTE="Evom777, post: 990208, member: 27123"]I'm not picking on your comments, but I wanted to use it as an illustration of the futility of trying to perform any sort of macro analysis on politics or economics, and expect to make money from the conclusions. It just isn't that easy. I think silver prices will rise, but not for the reasons you state.[/QUOTE] Sometimes it actually is easy to make money from a simple analysis.....The problem is We as people tend to cling on to "good ol days," with a hint of arrogance thrown in for good measure. Not too many people want to admit that America is far more fragile now than ever. We blow money on fighting ideologies while using politically correct tactics in Afghanistan and Iraq. We love to throw money at all of Our problems without spending the time to truly fix them. The average child in public school roughly is worth $5000 a year,(the most ever) and yet Our children still fall further every year academically. Go to any department store and see where the majority of products are now made......literally a blitz of Chinese crap. Find me one toy in Walmart or Target that`s made in America.(thanks for selling out there Hasbro) I talk to people of all walks and professions, and there is not a whole lot of optimism regarding where America is headed. People are well aware that both parties will not bring manufacturing back here.....and so those are a fraction of the reasons that I have for my outlook/analysis on the economy. As far as silver goes, I think that with it being a cheap alternative to gold, whether in jewelry or bullion, it will continue to rise. Even if the electronic industry were to switch to other metals that would not perform to level of silver, I don`t think it will ever drive silver down drastically. Besides, too many people are starting to invest in silver for either some of the reasons I listed or ones that I did not. Faith in Our governments and the dollar is dwindling.[/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 over valued??
>
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...