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<p>[QUOTE=&quot;desertgem, post: 1334314, member: 15199&quot;]And historically, one invested long term, buying stocks and bonds, and holding. There were historically, holdings that were safe as for &quot;Widows and children&quot;, but just as we left the phonograph, B/W TV, and Pat Boone in the past, I think to make money today, one must be willing to put the away the idea of longterm forcasting, 200 day MA, and banks and investment houses protecting the investor. </p><p><br /></p><p>Today the US is the best house on a bad world block. If you just look at one house, it might look bad, but in comparison to the other houses ( countries) it is doing the best. Almost everyone expected a year ago, that the USD would crash badly in comparison to the world currencies, but not so. Most ( especially on the bullion forums) thought gold would be 2000 today if the euro nations were in such bad condition, but no, the world prefers to own the USD as protection rather than gold or silver. I have a feeling that as things get worse this next year, PM will suffer as the USD gains even more strength, and the Euro goes down. Of course with the Mideast and possible asian conflicts, this could be changed, but don&#039;t think PM values will be &quot;slam dunks&quot; at all. I like gold, but hedge it.</p><p><br /></p><p>Don&#039;t let anyone say they know where gold or silver is going, this week, this year , or this decade, not I either, so only invest what you won&#039;t need for a while and preferably only what you can afford to lose without affecting your life style.</p><p>Jim[/QUOTE]</p><p><br /></p>

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