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<p>[QUOTE="medoraman, post: 4196472, member: 26302"]Yeah, just like any economic prediction. Nearly any scenario can be "backed up" with important sounding theories and scenarios. Not that they are "wrong" at all. Problem with such predictions are that there are literally a million variables in that equation, and they only discuss 4. </p><p><br /></p><p>Myself, rare is rare as we say in collecting. Most scenarios play out like past ones. Immediate past ones the world kept on turning, economic effect was not ten percent of predictions, and the end of the worlders were wrong once again.</p><p><br /></p><p>To me, having some PM is not a bad hedge, but MOST of the time, when people want to flee to safety, they go to government bonds nowadays. PM is simply not even on the radar of most investors, and I do not see it returning back. I love pm, which is why I am here, but do not consider it my safety net. My land and PM will not lose as much as equities will if something happens, but I give up a lot of growth in return. Sure, some deep psychological need is fulfilled by being able to lay my hands on a pile of gold and PT, and a probably too heavy pile of silver to move by one person, but my financial mind knows it will not be terribly good investment 99.99 percent of the time.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 4196472, member: 26302"]Yeah, just like any economic prediction. Nearly any scenario can be "backed up" with important sounding theories and scenarios. Not that they are "wrong" at all. Problem with such predictions are that there are literally a million variables in that equation, and they only discuss 4. Myself, rare is rare as we say in collecting. Most scenarios play out like past ones. Immediate past ones the world kept on turning, economic effect was not ten percent of predictions, and the end of the worlders were wrong once again. To me, having some PM is not a bad hedge, but MOST of the time, when people want to flee to safety, they go to government bonds nowadays. PM is simply not even on the radar of most investors, and I do not see it returning back. I love pm, which is why I am here, but do not consider it my safety net. My land and PM will not lose as much as equities will if something happens, but I give up a lot of growth in return. Sure, some deep psychological need is fulfilled by being able to lay my hands on a pile of gold and PT, and a probably too heavy pile of silver to move by one person, but my financial mind knows it will not be terribly good investment 99.99 percent of the time.[/QUOTE]
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