Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Sold some Silver today
>
Reply to Thread
Message:
<p>[QUOTE="libertylover, post: 1145916, member: 30183"]Hi George,</p><p> </p><p>You are right to look ahead to the end game for each different investment.</p><p> </p><p>The time to execute the end game plan for silver is not now though. For the uninitiated, this is still a good time to get in.</p><p> </p><p>Look at the reasons for buying silver 5 or 6 years ago. The reasons were that the economy is being mismanaged and hyperinflation is on the horizon. No economic problems were being solved. Only more were being created.</p><p> </p><p>What has changed? Nothing. Only the price of silver has quintupled.</p><p> </p><p>Paper has become more and more risky. The US dollar is in dire straits and the politicians are rowing in the wrong direction. Stocks and bonds have no basis for their rise other than goverment and Fed manipulation. The remoteness of your assets when investing also increases risk. The dollar denomination of stocks and bonds means that they should increase in price along with inflation but their progress has actually been lower, resulting in losses in purchasing power. Time to dump is now.</p><p>Mining, oil and ag are good ideas in an honest trading environment. I think there are too many crooks and middle men that will gather all the profits, if there are any, and you will get the leftovers (unless there are losses - in which you get them all).</p><p> </p><p>For an IRA you want security. Security is more important than big profits for a retirement program. For that you need to reduce risk. Do not play games. Get out of the games if you can. Games include bank accounts (playing the Dollar), stocks, bonds, even gold and silver ETFs. The only non-game in town is precious metals in physical, bullion form.</p><p> </p><p>Gold and silver are your best bet. Silver has better potential but is harder to store. For a few grand, silver is the answer though. That much will only weigh a few pounds - very easy to ship, carry and store.</p><p> </p><p>The end game for gold and silver will be when stability is around the corner. All your neighbors and friends will be saying what a great investment gold and silver are. That is the time to get out.</p><p> </p><p>Where to go from there ? Well, when stability returns, interest rates will be high. Bonds should be good then. With stability, you get a real return on investment and no more risk of losing purchasing power through inflation. Gold and silver do not pay interest, so that will be the time for the end game on precious metals.</p><p> </p><p>I do not think we are anywhere near this point. My opinion is that we will not see this scenario for many more years. Of course, your investing should reflect your own best analysis of what you think the future holds.[/QUOTE]</p><p><br /></p>
[QUOTE="libertylover, post: 1145916, member: 30183"]Hi George, You are right to look ahead to the end game for each different investment. The time to execute the end game plan for silver is not now though. For the uninitiated, this is still a good time to get in. Look at the reasons for buying silver 5 or 6 years ago. The reasons were that the economy is being mismanaged and hyperinflation is on the horizon. No economic problems were being solved. Only more were being created. What has changed? Nothing. Only the price of silver has quintupled. Paper has become more and more risky. The US dollar is in dire straits and the politicians are rowing in the wrong direction. Stocks and bonds have no basis for their rise other than goverment and Fed manipulation. The remoteness of your assets when investing also increases risk. The dollar denomination of stocks and bonds means that they should increase in price along with inflation but their progress has actually been lower, resulting in losses in purchasing power. Time to dump is now. Mining, oil and ag are good ideas in an honest trading environment. I think there are too many crooks and middle men that will gather all the profits, if there are any, and you will get the leftovers (unless there are losses - in which you get them all). For an IRA you want security. Security is more important than big profits for a retirement program. For that you need to reduce risk. Do not play games. Get out of the games if you can. Games include bank accounts (playing the Dollar), stocks, bonds, even gold and silver ETFs. The only non-game in town is precious metals in physical, bullion form. Gold and silver are your best bet. Silver has better potential but is harder to store. For a few grand, silver is the answer though. That much will only weigh a few pounds - very easy to ship, carry and store. The end game for gold and silver will be when stability is around the corner. All your neighbors and friends will be saying what a great investment gold and silver are. That is the time to get out. Where to go from there ? Well, when stability returns, interest rates will be high. Bonds should be good then. With stability, you get a real return on investment and no more risk of losing purchasing power through inflation. Gold and silver do not pay interest, so that will be the time for the end game on precious metals. I do not think we are anywhere near this point. My opinion is that we will not see this scenario for many more years. Of course, your investing should reflect your own best analysis of what you think the future holds.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Sold some Silver today
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...