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The Spot Price of Precious Metals Is Becoming Irrelevant
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<p>[QUOTE="texmech, post: 1700117, member: 20068"]You know I just don't get this stuff, probably because I have not done it and will not. It is as much a roll of the dice as stocks and bonds. I lost my butt (stock market) in 2008 when the economy tanked, but hung in there, even though my wife was always preaching otherwise. Lost 50% or so of it's value, but got 100% back at today's level.. Either way I think you are flirting with problems, no matter what you do. Like someone said, it helps to diversify, but unless you put a bunch of money into the metals, I don't see the diversification argument. I would not want my retirement mostly or heavily in metals when I retire.[/QUOTE]</p><p><br /></p>
[QUOTE="texmech, post: 1700117, member: 20068"]You know I just don't get this stuff, probably because I have not done it and will not. It is as much a roll of the dice as stocks and bonds. I lost my butt (stock market) in 2008 when the economy tanked, but hung in there, even though my wife was always preaching otherwise. Lost 50% or so of it's value, but got 100% back at today's level.. Either way I think you are flirting with problems, no matter what you do. Like someone said, it helps to diversify, but unless you put a bunch of money into the metals, I don't see the diversification argument. I would not want my retirement mostly or heavily in metals when I retire.[/QUOTE]
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