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<p>[QUOTE="Cloudsweeper99, post: 817540, member: 3011"]Regarding not investing in anything, this is sort of an existential question. Money has to be someplace whether you like it or not. CDs are an investment. So is a money market. Even cash stuffed into a matress is an investment in a non-interest bearing currency.</p><p><br /></p><p>The mid-60s were pretty benign. Maybe he meant mid 70s which were the toughest times since the Great Depression [up until now]. I can understand his thoughts about the late 70s and early 80s.</p><p><br /></p><p>If you wait until things get back to normal, you'll probably have to give back at least half your profits on metals. Markets anticipate, and the time to sell is when the gold and silver prices go parabolic. I expect to see gold rise by as much as $100 per day near the end, and silver as much as $10 per day. Selling well is much harder than buying well.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 817540, member: 3011"]Regarding not investing in anything, this is sort of an existential question. Money has to be someplace whether you like it or not. CDs are an investment. So is a money market. Even cash stuffed into a matress is an investment in a non-interest bearing currency. The mid-60s were pretty benign. Maybe he meant mid 70s which were the toughest times since the Great Depression [up until now]. I can understand his thoughts about the late 70s and early 80s. If you wait until things get back to normal, you'll probably have to give back at least half your profits on metals. Markets anticipate, and the time to sell is when the gold and silver prices go parabolic. I expect to see gold rise by as much as $100 per day near the end, and silver as much as $10 per day. Selling well is much harder than buying well.[/QUOTE]
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