Message:

<p>[QUOTE=&quot;medoraman, post: 1216867, member: 26302&quot;]Fair points, though other things like the inflation you mentioned and commodity prices like oil were in inflation adjusted dollars much worst in the 70&#039;s. We also had some budget problems pretty bad as a percent of GDP. I agree with you and Inflexion both. We are all saying its a little similar but not identical. My main point was just that investors always need to know that PM can go down, and there would be valid reasons it would go down. Too many read those damn articles the same guys have been writing since 1980 and get locked into PM being &quot;different this time&quot;. I personally know quite a few people who lost most of their retirement putting everything into PM. PM is an easily storable commodity, no more no less. Yes, like pork bellies, you can make a ton of money off of commodities, and they do have a place in an overall portfolio. Believing they physically cannot go down, or placing all of your retirement in them, though, is simply too much. I would never do that with ANY asset at all, let alone one with as much volatility as silver has shown.</p><p><br /></p><p>Speculative money? Go ahead and play the game. I placed my bet a long time ago, so I am not one to argue against that.[/QUOTE]</p><p><br /></p>

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