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September 16, 2009 at 2:28 AM #457979September 16, 2009 at 3:51 AM #457194
4plexowner
Participant“do you all think these are more tangible than “paper” etf metals or do you think they carry the same level of risk”
here’s what I am telling family and friends:
take whatever it is that you consider to be your wealth and hold it in your hands
if you are holding paper then at least 70% of its value is going to disappear over the next decade
stocks, bonds, real estate equity, annuities, etc
~
last time I checked the only way to have non-paper precious metals investments was to have non-paper precious metals investments …
September 16, 2009 at 3:51 AM #4573894plexowner
Participant“do you all think these are more tangible than “paper” etf metals or do you think they carry the same level of risk”
here’s what I am telling family and friends:
take whatever it is that you consider to be your wealth and hold it in your hands
if you are holding paper then at least 70% of its value is going to disappear over the next decade
stocks, bonds, real estate equity, annuities, etc
~
last time I checked the only way to have non-paper precious metals investments was to have non-paper precious metals investments …
September 16, 2009 at 3:51 AM #4577294plexowner
Participant“do you all think these are more tangible than “paper” etf metals or do you think they carry the same level of risk”
here’s what I am telling family and friends:
take whatever it is that you consider to be your wealth and hold it in your hands
if you are holding paper then at least 70% of its value is going to disappear over the next decade
stocks, bonds, real estate equity, annuities, etc
~
last time I checked the only way to have non-paper precious metals investments was to have non-paper precious metals investments …
September 16, 2009 at 3:51 AM #4578034plexowner
Participant“do you all think these are more tangible than “paper” etf metals or do you think they carry the same level of risk”
here’s what I am telling family and friends:
take whatever it is that you consider to be your wealth and hold it in your hands
if you are holding paper then at least 70% of its value is going to disappear over the next decade
stocks, bonds, real estate equity, annuities, etc
~
last time I checked the only way to have non-paper precious metals investments was to have non-paper precious metals investments …
September 16, 2009 at 3:51 AM #4579944plexowner
Participant“do you all think these are more tangible than “paper” etf metals or do you think they carry the same level of risk”
here’s what I am telling family and friends:
take whatever it is that you consider to be your wealth and hold it in your hands
if you are holding paper then at least 70% of its value is going to disappear over the next decade
stocks, bonds, real estate equity, annuities, etc
~
last time I checked the only way to have non-paper precious metals investments was to have non-paper precious metals investments …
September 16, 2009 at 3:56 AM #457199Eugene
Participant[quote]
For a guy who has been arguing pretty strongly for a significant precious metals drop in 2010, your announcement comes as a bit of a surprise to me, Eugene. May I ask what have you been contemplating? What has changed your forecast? Inquiring minds want to know. [/quote]It’s mostly the fact that my religious principles instruct me to be non-confrontational and non-dualistic. Also, I’m willing to admit that there’s more to the universe than catches my eye. There are no specific arguments affecting my forecast.
September 16, 2009 at 3:56 AM #457394Eugene
Participant[quote]
For a guy who has been arguing pretty strongly for a significant precious metals drop in 2010, your announcement comes as a bit of a surprise to me, Eugene. May I ask what have you been contemplating? What has changed your forecast? Inquiring minds want to know. [/quote]It’s mostly the fact that my religious principles instruct me to be non-confrontational and non-dualistic. Also, I’m willing to admit that there’s more to the universe than catches my eye. There are no specific arguments affecting my forecast.
September 16, 2009 at 3:56 AM #457736Eugene
Participant[quote]
For a guy who has been arguing pretty strongly for a significant precious metals drop in 2010, your announcement comes as a bit of a surprise to me, Eugene. May I ask what have you been contemplating? What has changed your forecast? Inquiring minds want to know. [/quote]It’s mostly the fact that my religious principles instruct me to be non-confrontational and non-dualistic. Also, I’m willing to admit that there’s more to the universe than catches my eye. There are no specific arguments affecting my forecast.
September 16, 2009 at 3:56 AM #457808Eugene
Participant[quote]
For a guy who has been arguing pretty strongly for a significant precious metals drop in 2010, your announcement comes as a bit of a surprise to me, Eugene. May I ask what have you been contemplating? What has changed your forecast? Inquiring minds want to know. [/quote]It’s mostly the fact that my religious principles instruct me to be non-confrontational and non-dualistic. Also, I’m willing to admit that there’s more to the universe than catches my eye. There are no specific arguments affecting my forecast.
September 16, 2009 at 3:56 AM #457999Eugene
Participant[quote]
For a guy who has been arguing pretty strongly for a significant precious metals drop in 2010, your announcement comes as a bit of a surprise to me, Eugene. May I ask what have you been contemplating? What has changed your forecast? Inquiring minds want to know. [/quote]It’s mostly the fact that my religious principles instruct me to be non-confrontational and non-dualistic. Also, I’m willing to admit that there’s more to the universe than catches my eye. There are no specific arguments affecting my forecast.
September 16, 2009 at 4:13 AM #4572044plexowner
Participant[img_assist|nid=11903|title=Dollar Downtrend|desc=|link=node|align=left|width=400|height=208]
remember our lesson earlier where we learned what a “downtrend” was?
it’s still continuing – that’s the US dollar poking through its support at the 0.765 level – next support at 0.74
~“drop my forecast regarding gold & silver prices”
might that have something to do with gold being at $1020 and silver at $17.30 this morning?
don’t give up, Eugene, trying to knock some sense into your thick skull has been fun
September 16, 2009 at 4:13 AM #4573994plexowner
Participant[img_assist|nid=11903|title=Dollar Downtrend|desc=|link=node|align=left|width=400|height=208]
remember our lesson earlier where we learned what a “downtrend” was?
it’s still continuing – that’s the US dollar poking through its support at the 0.765 level – next support at 0.74
~“drop my forecast regarding gold & silver prices”
might that have something to do with gold being at $1020 and silver at $17.30 this morning?
don’t give up, Eugene, trying to knock some sense into your thick skull has been fun
September 16, 2009 at 4:13 AM #4577414plexowner
Participant[img_assist|nid=11903|title=Dollar Downtrend|desc=|link=node|align=left|width=400|height=208]
remember our lesson earlier where we learned what a “downtrend” was?
it’s still continuing – that’s the US dollar poking through its support at the 0.765 level – next support at 0.74
~“drop my forecast regarding gold & silver prices”
might that have something to do with gold being at $1020 and silver at $17.30 this morning?
don’t give up, Eugene, trying to knock some sense into your thick skull has been fun
September 16, 2009 at 4:13 AM #4578134plexowner
Participant[img_assist|nid=11903|title=Dollar Downtrend|desc=|link=node|align=left|width=400|height=208]
remember our lesson earlier where we learned what a “downtrend” was?
it’s still continuing – that’s the US dollar poking through its support at the 0.765 level – next support at 0.74
~“drop my forecast regarding gold & silver prices”
might that have something to do with gold being at $1020 and silver at $17.30 this morning?
don’t give up, Eugene, trying to knock some sense into your thick skull has been fun
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