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what signals the end of the bull market right before it crashes?
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<p>[QUOTE="InfleXion, post: 1288068, member: 29012"]I am probably what many would consider one of the newcomers. My interest sparked in 2004, and I didn't dive in until 2008. However the reasons I got in are just as valid now as they were then, and if I had no core position I would spend as much at today's prices as I did when silver was $10. Precious metals aren't a get rich quick scheme for me. It's about having something of value in case fiat currency loses its value. I see no sign that monetary policy is doing anything to strengthen currency, and numerous signs that it is being weakened. We have had the current monetary system for over 40 years, and the average lifecycle is closer to 25. Trillions of dollars in debt that can never be repaid have no alternative but to eventually default. It's not about price, it's about events, at least for me personally. One day there will be another bear market in precious metals, but not under the current monetary system.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1288068, member: 29012"]I am probably what many would consider one of the newcomers. My interest sparked in 2004, and I didn't dive in until 2008. However the reasons I got in are just as valid now as they were then, and if I had no core position I would spend as much at today's prices as I did when silver was $10. Precious metals aren't a get rich quick scheme for me. It's about having something of value in case fiat currency loses its value. I see no sign that monetary policy is doing anything to strengthen currency, and numerous signs that it is being weakened. We have had the current monetary system for over 40 years, and the average lifecycle is closer to 25. Trillions of dollars in debt that can never be repaid have no alternative but to eventually default. It's not about price, it's about events, at least for me personally. One day there will be another bear market in precious metals, but not under the current monetary system.[/QUOTE]
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what signals the end of the bull market right before it crashes?
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