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<p>[QUOTE="medoraman, post: 1577562, member: 26302"]I believe that is all Mikem was trying to say. I would go further, and say moderation is the wisest course of action even for those experiences in PM. Any asset can have a game changing negative event happen to it, something today we cannot predict. Inflexion, you talk about how silver is used industrially. Well how about if what Desertgem posted the article about a month ago goes into product, the artificial catalysts? What if a mine somewhere runs into a modern equivalent of another Comstock lode? Life is short, you only have so many years to recover from catastrophic investments, and "what ifs" are infinite. </p><p><br /></p><p>Show me a man who says he can predict all future unknowns today and I will show you a fool. Because of this uncertainty in ALL INVESTMENTS, I say spread the risk around so tomorrow when the unexpected happens, (and it always does), you do not risk being wiped out. Btw, OP this is not a comment on your situation. Myself, I would have just stayed cash if you need to have your assets cash or PM for a short amount of time. Great thing about cash, there is no "spread" you have to overcome.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1577562, member: 26302"]I believe that is all Mikem was trying to say. I would go further, and say moderation is the wisest course of action even for those experiences in PM. Any asset can have a game changing negative event happen to it, something today we cannot predict. Inflexion, you talk about how silver is used industrially. Well how about if what Desertgem posted the article about a month ago goes into product, the artificial catalysts? What if a mine somewhere runs into a modern equivalent of another Comstock lode? Life is short, you only have so many years to recover from catastrophic investments, and "what ifs" are infinite. Show me a man who says he can predict all future unknowns today and I will show you a fool. Because of this uncertainty in ALL INVESTMENTS, I say spread the risk around so tomorrow when the unexpected happens, (and it always does), you do not risk being wiped out. Btw, OP this is not a comment on your situation. Myself, I would have just stayed cash if you need to have your assets cash or PM for a short amount of time. Great thing about cash, there is no "spread" you have to overcome.[/QUOTE]
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