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<p>[QUOTE="Cloudsweeper99, post: 961422, member: 3011"]I started getting heavily into gold and silver when gold was about $425 and silver was about $5-6 because I believed it would outperform more standard investments. So far it has, and I expect it to continue. Bonds are a potential death trap waiting to be sprung, and stocks are generaly overpriced using the methods I use to measure it. I'm not a survivalist and I wouldn't hold bullion if I thought stocks would do better, or even just as well. While there are commercials selling bullion, the vast majority of professionals and individuals own little or no gold or gold stocks, so there is far more upside that most people here might believe. Remember, we are not typical. I think, but cannot prove, that gold will end the way tech stocks did in the 90s. The trick will be (1) not to sell too soon and (2) not to stay too long so that the bulk of the spectacular rise that has a reasonable probability of occurring can be captured.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 961422, member: 3011"]I started getting heavily into gold and silver when gold was about $425 and silver was about $5-6 because I believed it would outperform more standard investments. So far it has, and I expect it to continue. Bonds are a potential death trap waiting to be sprung, and stocks are generaly overpriced using the methods I use to measure it. I'm not a survivalist and I wouldn't hold bullion if I thought stocks would do better, or even just as well. While there are commercials selling bullion, the vast majority of professionals and individuals own little or no gold or gold stocks, so there is far more upside that most people here might believe. Remember, we are not typical. I think, but cannot prove, that gold will end the way tech stocks did in the 90s. The trick will be (1) not to sell too soon and (2) not to stay too long so that the bulk of the spectacular rise that has a reasonable probability of occurring can be captured.[/QUOTE]
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