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<p>[QUOTE=&quot;Cloudsweeper99, post: 1430642, member: 3011&quot;]Regarding the OP, I would say that most of what the guy said is correct from a historical persepctive on PMs and the USD.&nbsp; But that might not provide any useful information about what to do for the next year, or decade, or tomorrow. </p><p><br /></p><p>PMs have to be traded to do better than inflation.&nbsp; They got way too cheap in the 1990s and spent a decade playing catch up.&nbsp; Now they probably are about fairly valued, but it still looks like a bull market to me so I plan to hold for awhile [with no illusions about the gold to the moon nonsense].</p><p><br /></p><p>And Greece isn&#039;t the US and the US isn&#039;t Weimar.&nbsp; The US Treasury and Fed have much more control over the value of the currency and its issuance than Greece or 1920 Germany.&nbsp; I don&#039;t really see that changing soon, although other problems exist.</p><p><br /></p><p>Making money in the markets isn&#039;t easy, and I&#039;ll bet the friend isn&#039;t better than average at it.[/QUOTE]</p><p><br /></p>

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