[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, I am still waiting for that deflation in metals 😉
Gold at $1242.9; silver at $19.64 (silver is up $2 in the past week alone, now that JP Morgan’s illegal shorting scheme is being investigated by the DOJ).
Get on board this train, or get the hell out of the way and get plowed over by it. It’s your choice. In 18 months, $1200 gold will seem like the biggest bargain in history.
