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<p>[QUOTE=&quot;Vess1, post: 550454, member: 13650&quot;]I&#039;m pretty much fed up with talking investing.&nbsp;&nbsp; Everybody wants to claim they&#039;re right one way or the other.&nbsp;&nbsp; The thing is, after enough time passes, either side can claim they were right depending on the timing of the proclamation.&nbsp; </p><p><br /></p><p>&nbsp;&nbsp; Many people will say coins are a terrible investment.&nbsp; But in what context?&nbsp; For what time frame?&nbsp; &nbsp; If you were investing in coins in the early 80s and not the markets, yeah, you probably lost.&nbsp;&nbsp; But I&quot;d bet there&#039;s a lot of people who&#039;ve been pouring money into retirement plans over the last 5-10 years that wish they would have purchased just about anything else now, including bullion or coins.</p><p><br /></p><p>&nbsp; Look at the max projection of the DOW.&nbsp;&nbsp; Major spike after the depression, followed by <b>roughly a 15 year plateau of almost no growth.</b>&nbsp; &nbsp; Then 50 to 60, the market tripled.&nbsp;&nbsp; Some of the best years of America.&nbsp; Before the globilization movement.&nbsp;&nbsp; Major growth and an extremely prosperous period.&nbsp; &nbsp; Followed by 1960 to 80, of almost no growth.&nbsp; <b>Another 20 year plateau</b>.&nbsp; </p><p><br /></p><p>&nbsp; Then from 82 to 2000, the age of spending, credit, and loans, which created an artificial, inflated economy, the market increased 10 fold in less than 20 years.&nbsp; &nbsp; During the 15-20 year plateaus, factor in inflation while you&#039;re waiting and you&#039;re losing money.&nbsp; Big time.&nbsp; Then factor in the capital gains taxes that come right off the top when you do finally, &quot;win&quot;, if you want to call it that.</p><p><br /></p><p>&nbsp; Are we on another plateau for another 20+ years?&nbsp;&nbsp; What does the future hold for this country and the markets?&nbsp; </p><p><br /></p><p>&nbsp; Right or wrong, is there any logical reason we should expect the DOW to go up another 10 fold in less than a 20 year span?&nbsp; Even factoring in inflation?&nbsp;&nbsp; How about just doubling again in 20 years?&nbsp; Right now, that would get us back to where we were last year!!!!&nbsp;&nbsp; Minus inflation!&nbsp;&nbsp; </p><p><br /></p><p>&nbsp; You want my honest opinion?&nbsp; I think the markets are like taking a gamble on a big ponzi scheme.&nbsp; &nbsp; There was a time when you could get in at ground level.&nbsp; After the massive increases, the people who got in early have won.&nbsp;&nbsp; Now it only gets harder and harder to pick a winner and then you need a lifetime to wait and then maybe have a chance of coming out ahead on a peak.</p><p>&nbsp;&nbsp;&nbsp; I believe it can only get so big and so sustainable.&nbsp;&nbsp; It&#039;s like musical chairs.&nbsp;&nbsp; Most people in the past have profited so they will tell you to invest in it and profit.&nbsp; Just hopefully when it&#039;s time for you to retire, you can get a chair.&nbsp; </p><p><br /></p><p>&nbsp;&nbsp; For example, railroads aren&#039;t growing like they were.&nbsp; Walmart can only build so many stores in a given city.&nbsp;&nbsp; On top of that, major cornerstones of the market such as the big 3 automakers are just about at the end of the road.&nbsp;&nbsp; There can only be so much growth before markets finally level out.&nbsp; The last major growth we saw was as I stated, inflated, artificial growth based on credit.&nbsp; I don&#039;t believe the market is done adjusting yet from this.&nbsp;&nbsp; </p><p><br /></p><p>&nbsp;Just don&#039;t forget about inflation and taxes when considering what the market can do for you.</p><p><br /></p><p>&nbsp; On the other hand, you could invest all your money in coins.&nbsp;&nbsp; When I buy coins, I don&#039;t buy them expecting them to double or triple in my lifetime.&nbsp; It may actually be a losing investment if they can&#039;t keep up with inflation.&nbsp; But I would expect to at least get my money back out of them if I would decide to sell.</p><p>&nbsp; Which is better than just spending the cash on something else and losing it forever.&nbsp;&nbsp; Although, I suspect many of them will at least maintain with inflation.&nbsp; </p><p><br /></p><p>&nbsp; So what&#039;s the better investment?&nbsp; Who knows?&nbsp; It&#039;s all a gamble.&nbsp; I don&#039;t think when there are multitudes of advertisements on tv and radio and a ton of focus on gold, that that is the time to buy.&nbsp; &nbsp; The time to buy was back at 300.00.&nbsp; I was too young to be able to do this.&nbsp;&nbsp; At 300.00-600 range, the risk was lower.&nbsp;&nbsp; Now the risk is much higher to fall back.&nbsp;&nbsp; 1k range will be risky until it hits 1500 to 2k+&nbsp;&nbsp; </p><p><br /></p><p>&nbsp;If/when the markets show a strong upswing, people will get out of metals and you could see the price of gold come crashing down in a heartbeat.&nbsp;&nbsp; It may happen next year.&nbsp; Or it may take 10 years.&nbsp; This obviously hasn&#039;t happened yet.&nbsp; We&#039;re just waiting for it.&nbsp;&nbsp; </p><p><br /></p><p>&nbsp;Like I say, when there&#039;s a ton of focus and advertisements everywhere to buy gold, that&#039;s probably not the time to buy.&nbsp; &nbsp;&nbsp; There&#039;s a lot of cheap stocks right now if you were a gambler.&nbsp;&nbsp; Although, I don&#039;t think the market&#039;s bottomed out yet.&nbsp;&nbsp; I think it will get a lot worse before it gets better.&nbsp;&nbsp; </p><p>Just my opinion based on the global economic climate, the future outlook, our policies, and the fact that the credit boom could be over for a long time.&nbsp; The banks may have gotten burned bad enough to where policies will change majorly.&nbsp; But, never underestimate the power of greed.&nbsp;&nbsp; They could start creating the next bubble within 5 years.</p><p>&nbsp;</p><p>&nbsp; In the end, coins are more enjoyable to collect.&nbsp; You have them in your possession.&nbsp; You&#039;re not relying on some CEO or accountant to keep the books clean, there&#039;s no chance of scandal with a coin.&nbsp;&nbsp; </p><p><br /></p><p>&nbsp;The ability to make lots of money normally comes with high risks (as stated above).&nbsp;&nbsp; Since coins have low to no risks,&nbsp; the majority of them will probably have low profit potential.&nbsp; Not all, but most, to the point you better know what you&#039;re doing if a large part of your portfolio is going to be coins and you plan to rely on selling them someday in the distant future.[/QUOTE]</p><p><br /></p>

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