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<p>[QUOTE="medoraman, post: 1631234, member: 26302"]Well, considering I am probably one of those not getting a finger pointed to, I will respond.</p><p><br /></p><p>I love silver, always have, and have bought silver coins since I was 7. I like gold, don't have a problem with it, just don't quite have the same emotional attachment to it as silver. Financially, I like PM as well. I was an "idiot" telling people to invest 10% of their assets in PM during the 90's, while buying up $4 silver as much as I could afford.</p><p><br /></p><p>I sound like a bear here because I simply feel some people reading some posts, (not pointing fingers either), might get the idea its a good idea to stick ALL of your money in PM. I simply believe its not. As much as I love silver, I only put a portion of my assets in it. That is because I simply believe its a great contra asset, but has too much volatility as a sole asset. I need to be SURE I can get access to money when I need it. Because of the volatility of pricing, I cannot rely on this. So, I spread my investments around, using PM as an important component of my investments, but not the SOLE investment.</p><p><br /></p><p>I know this is a PM section, but I simply believe some are TOO optimistic about PM performance. Like it or not, especially after a 12 year bull run, there is a DISTINCT chance PM could lose 50% in a couple of years, or it could be flat, or up significantly. I don't know, but neither does anyone else, but reading a lot of posts here it sure sounds like they know for a fact.</p><p><br /></p><p>Anyway, that is why I sit here, a 35+ year investor in silver through thick and thin, and sound like a raging PM bear. Its a matter of DEGREE.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1631234, member: 26302"]Well, considering I am probably one of those not getting a finger pointed to, I will respond. I love silver, always have, and have bought silver coins since I was 7. I like gold, don't have a problem with it, just don't quite have the same emotional attachment to it as silver. Financially, I like PM as well. I was an "idiot" telling people to invest 10% of their assets in PM during the 90's, while buying up $4 silver as much as I could afford. I sound like a bear here because I simply feel some people reading some posts, (not pointing fingers either), might get the idea its a good idea to stick ALL of your money in PM. I simply believe its not. As much as I love silver, I only put a portion of my assets in it. That is because I simply believe its a great contra asset, but has too much volatility as a sole asset. I need to be SURE I can get access to money when I need it. Because of the volatility of pricing, I cannot rely on this. So, I spread my investments around, using PM as an important component of my investments, but not the SOLE investment. I know this is a PM section, but I simply believe some are TOO optimistic about PM performance. Like it or not, especially after a 12 year bull run, there is a DISTINCT chance PM could lose 50% in a couple of years, or it could be flat, or up significantly. I don't know, but neither does anyone else, but reading a lot of posts here it sure sounds like they know for a fact. Anyway, that is why I sit here, a 35+ year investor in silver through thick and thin, and sound like a raging PM bear. Its a matter of DEGREE.[/QUOTE]
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