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<p>[QUOTE=&quot;Rono, post: 1357711, member: 6492&quot;]Howdy,</p><p><br /></p><p>I can hardly advise anyone - too many variables and what not.&nbsp;&nbsp; That said, I will share how I see this rascal and how I&#039;m trying to play it.&nbsp; </p><p><br /></p><p>I have been saying for years that everyone should own around 5% or so of gold and silver bullion.&nbsp; As an investment - a security blanket if you will.&nbsp; More than this is speculation and that&#039;s fine but that&#039;s a different thing.&nbsp; And if you want to speculate in this arena, you want junior gold and silver miners.&nbsp; That&#039;s where the leverage is.&nbsp; Although it&#039;s since fallen back some, I hit my first home run this bull with Silver Weaton SLW.&nbsp;&nbsp; I think there are still some real opportunities there if you want to do the research.&nbsp; Go to kitco and check out their listing of miners in detail both and gold and silver.&nbsp; Read the articles at gold-eagle.&nbsp; Run the charts.&nbsp; </p><p>&nbsp;</p><p>Right now in the market, blue chip companies that are paying a dividend is about the sweet spot in equities.&nbsp; However, I&#039;m a momentum investor that has a core portfolio with a portion set aside to overweight the trending sector.&nbsp; This means that I&#039;m a lazy <span style="color: #ff0000">Edited ~ Read rules on w*rds </span>and don&#039;t want to constantly check things.&nbsp; I&#039;ve been overweight gold and silver since 2002.&nbsp; I&#039;m still.&nbsp; Howeve, I&#039;m also throwing a few extra chips into dividend payers.&nbsp; My favorite fund for yield is NCV.&nbsp; I do NOT care for the bullion ETF&#039;s - GLD, SLV.&nbsp; Not any more.&nbsp; Don&#039;t trust them.&nbsp; Prefer CEF Central Fund of Canada.&nbsp;&nbsp; Holds gold and silver bullion at 55/45.&nbsp;&nbsp; My favorite core fund is Permanent Portfolio PRPFX.&nbsp;&nbsp; I do NOT trust the market and know without a doubt that the game is rigged.&nbsp; I still choose to play to a limited degree but do so realizing the risks and odds.&nbsp; &nbsp; I also like blackjack at a casino, but know the odds. </p><p><br /></p><p>As for retirement, think of it as a footstool.&nbsp; The more legs you have under it the sturdier it is.&nbsp; How many do you have, how strong are each of them, can you add more?&nbsp; SS, Pension, 401, IRA, savings, home equity, rental property, second income, kids that are doctors . . . </p><p><br /></p><p>As for your wealth, I read a quote a few years back by the elder Baron Rothschild.&nbsp; He said to be safe, have 1/3 of your wealth in securities, 1/3 in real estate and 1/3 in rare art.&nbsp; Now this latter could also be rare coins - but not junk and not beanie babies.&nbsp; &nbsp; When I first read this, I ran my numbers and we were 90/8/2 and I blew chunks on my monitor.&nbsp; I&#039;m now about 60/25/15 and still working at it.&nbsp; </p><p><br /></p><p>Oh, and I&#039;m retired and 63.&nbsp; </p><p><br /></p><p>peace,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>

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