[quote=Eugene]FYI, 100% metals is a 100% losing bet. Precious metals are in a bubble that has yet to deflate. I expect a 50% decline in the value of gold and a 30% decline in the value of silver by the end of 2010.
Some metals are fairly valued. You could buy a few tons of titanium scrap (~$3000/ton) and store it in a shed in your backyard.[/quote]
Eugene, care to take a bet on where the price of metals will be by the end of 2010? I say gold holds above $1000 and silver holds above $16.
I actually expect them to increase substantially, but for betting purposes I’d go with these numbers.
Care to put your money where your mouth is? We can arrange for paypal payment 🙂
