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<p>[QUOTE="InfleXion, post: 4346389, member: 29012"]I am probably as big of a silver bug as you will find, and I also own stocks. Not as much as metals, but as an employed worker I let the employer contributions ride. Within that I hold 1/3 S&P, 1/3 bear market fund, and 1/3 gold miners. One of those ought to come out ahead, but I don't count on any of that, because the financial system is so highly leveraged that counter party risk is a real concern. My stack is my real retirement plan.</p><p><br /></p><p>If you're asking whether buying stocks right now is a good idea, I would say only if you think the economy can recover from money printing. Sure, it's better than holding cash while it inflates away, but I don't think that money printing solves anything. We'll probably see new nominal highs in the stock market at some point while a weak dollar buys less than it ever did where any profit taking gets you a high number that doesn't have any purchasing power. For purchasing power you need gold, and where gold goes silver eventually follows.</p><p><br /></p><p>If you're asking how to balance your allocations, the way I do it is everything I can afford to lose goes into silver, everything I might need to spend in the next few months is in cash and/or the bank, the rest goes to debt paydown and home, and any left I can be more liberal with.</p><p><br /></p><p>As for selling, the question is what will you transfer the funds to? You'd better have conviction or you run the risk of selling again and losing more.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 4346389, member: 29012"]I am probably as big of a silver bug as you will find, and I also own stocks. Not as much as metals, but as an employed worker I let the employer contributions ride. Within that I hold 1/3 S&P, 1/3 bear market fund, and 1/3 gold miners. One of those ought to come out ahead, but I don't count on any of that, because the financial system is so highly leveraged that counter party risk is a real concern. My stack is my real retirement plan. If you're asking whether buying stocks right now is a good idea, I would say only if you think the economy can recover from money printing. Sure, it's better than holding cash while it inflates away, but I don't think that money printing solves anything. We'll probably see new nominal highs in the stock market at some point while a weak dollar buys less than it ever did where any profit taking gets you a high number that doesn't have any purchasing power. For purchasing power you need gold, and where gold goes silver eventually follows. If you're asking how to balance your allocations, the way I do it is everything I can afford to lose goes into silver, everything I might need to spend in the next few months is in cash and/or the bank, the rest goes to debt paydown and home, and any left I can be more liberal with. As for selling, the question is what will you transfer the funds to? You'd better have conviction or you run the risk of selling again and losing more.[/QUOTE]
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