Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Next step silver - over $20.00
>
Reply to Thread
Message:
<p>[QUOTE="JoeSmith, post: 733296, member: 18021"]Thank you for your detailed and well written analysis. Its good to hear the point of view of an investment professional.</p><p><br /></p><p>My training is in math. There are different ways to look at things mathematically. I'm a gold bug, so I look at events with the view that gold is the measure of the dollar, not the other way around.</p><p><br /></p><p><br /></p><p><br /></p><p>What do you think the feverish activity will drive the price to? What do you predict will be the "top of the gold market"? What will happen then, a major correction? How major? 30%? 50%?</p><p><br /></p><p>Suppose gold just starts going nuts, and it spikes to $2,000. I wouldn't think my gold was worth more, its the same gold. I'd think that the cash I have, and the stocks, are all worth less. And if the stocks don't go up in price faster than gold, they're actually going down.</p><p><br /></p><p>I think the stampede could take another form, i.e. other countries holding our money could all try to spend it on real assets. In other words, they could "stampede" over here and start by buying all the gold they can. They're holding lots of our money, and nervous about it. The amount of gold they can buy with our money keeps going down. Finally they start buying our gold. I see the stampede being a stampede to redeem our ever decreasing dollar.[/QUOTE]</p><p><br /></p>
[QUOTE="JoeSmith, post: 733296, member: 18021"]Thank you for your detailed and well written analysis. Its good to hear the point of view of an investment professional. My training is in math. There are different ways to look at things mathematically. I'm a gold bug, so I look at events with the view that gold is the measure of the dollar, not the other way around. What do you think the feverish activity will drive the price to? What do you predict will be the "top of the gold market"? What will happen then, a major correction? How major? 30%? 50%? Suppose gold just starts going nuts, and it spikes to $2,000. I wouldn't think my gold was worth more, its the same gold. I'd think that the cash I have, and the stocks, are all worth less. And if the stocks don't go up in price faster than gold, they're actually going down. I think the stampede could take another form, i.e. other countries holding our money could all try to spend it on real assets. In other words, they could "stampede" over here and start by buying all the gold they can. They're holding lots of our money, and nervous about it. The amount of gold they can buy with our money keeps going down. Finally they start buying our gold. I see the stampede being a stampede to redeem our ever decreasing dollar.[/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
>
Next step silver - over $20.00
>
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...