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<p>[QUOTE=&quot;fatima, post: 1334399, member: 22143&quot;]Seems to me there is an inconsistency between the treatment of stocks vs that of PMs.&nbsp;&nbsp; </p><p><br /></p><p>People say to invest in stocks because they have always gone up historically.&nbsp; Yet, over the last 15 years, the net result of investing in this manner has yielded almost no returns, and a loss if inflation is factored in.&nbsp;&nbsp; 15 years is 1/2 the investment lifetime of most adults.&nbsp;&nbsp; Yet we still hear that since historically, stocks have done well, then thou shall continue to buy them.&nbsp; </p><p><br /></p><p>On the other hand, with regards to PMs, the advice is the potential investor should beware.&nbsp; It&#039;s either, PMs are an archaic relic, or that PMs are in a bubble.&nbsp;&nbsp; Yet over the last 15 years the returns have been spectacular and have beat almost everything else.&nbsp;&nbsp; During this entire period, from the day that gold crossed the $300 mark, we&#039;ve heard that PMs are in a bubble and will soon crash back down to reality.&nbsp;&nbsp; </p><p><br /></p><p>Both lines of reasoning are faulty because they ignore the reasons on why investments go up and down.&nbsp; However there is one thing to absolutely count on.&nbsp; <u>History is irrelevant.</u>&nbsp; Economies change and the events from 20 - 50, 60, 70 years ago have no bearing on what is going on now.&nbsp;&nbsp; It&#039;s easy to cherry pick dates to make yourself feel comfortable, but this is putting on a blindfold.&nbsp;&nbsp; It amazes me there are constant recommendations to put money in stocks yet the very important fact that laws on the books needed to protect those investments are being perverted, ignored and broken.&nbsp;&nbsp; Any investor has to consider this yet it&#039;s never even mentioned in these schemes to put money in stocks.[/QUOTE]</p><p><br /></p>

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