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Message:: [QUOTE="WoodyWW, post: 1287974, member: 26001"]I've thought G&S were near a top for a couple of years now. The incredibly widespread interest, including by people who weren't into PM at much lower levels. People who now think G&S are a "safe" investment. But I don't see the PM interest quite as crazed--yet--as it got in the late 1970's. I don't know if G&S are overpriced now, but I can't see them as any great bargain. If you load up on gold at $1600, or silver at $30, are you convinced that gold will go to $2500, & silver to $60? They probably will, someday, & it wouldn't surprise me, but I'm not willing to spend a lot of my own $$ on G&S after they've both gone up several hundred % in the last 10  years. By the way, I lived thru the G&S Mania of 1979-80, &  subsequent crash. It was really nasty, & I learned a few investment lessons (the hard way). I've been told a # of times on diff. PM forums the last couple of years that the 1970's-80's Bubble & Crash have Nothing to do with what's happening now, no relevance, & another crash & bear mkt in G&S can't happen again....... An asset class that can't crash or go into a Bear Mkt after such a huge rise......???[/QUOTE]