Help w/buying gold

[4plexowner]

silver would have to be at $128+/oz to match its inflation-adjusted high of the early 1980’s

historic price ratio between silver and gold is 16:1 – $900 gold at this ratio would mean $56 silver

there is less silver above ground than gold

silver is primarily a byproduct of mining the base metals (60+%) so in an economic downturn, the supply of silver DECREASES significantly (declining construction, etc reduces the demand for base metals) at the same time demand for silver INCREASES (flight to safety – little guy can’t afford gold so buys silver instead)

silver is a very useful metal – far more so than gold – every electronic device you have has some silver in it – silver is also a natural antibiotic and anti-viral agent – it is being used in more and more settings (bandages, surface coatings for appliances, etc) where these properties are important

do your research about both silver and gold and decide which is the better investment

the 100 oz bars are very satisfying to hold and they do make good paper weights

[jpinpb]

Thank you all for responding. I am now delving into trying to educate myself on this. I am posting this article here for others who may be interested in learning more. Or perhaps I’m the only Pigg late to gold. If that’s the case, ignore the link to Why gold is not yet soaring

[jpinpb]

Thank you all for responding. I am now delving into trying to educate myself on this. I am posting this article here for others who may be interested in learning more. Or perhaps I’m the only Pigg late to gold. If that’s the case, ignore the link to Why gold is not yet soaring

[jpinpb]

Thank you all for responding. I am now delving into trying to educate myself on this. I am posting this article here for others who may be interested in learning more. Or perhaps I’m the only Pigg late to gold. If that’s the case, ignore the link to Why gold is not yet soaring

[jpinpb]

Thank you all for responding. I am now delving into trying to educate myself on this. I am posting this article here for others who may be interested in learning more. Or perhaps I’m the only Pigg late to gold. If that’s the case, ignore the link to Why gold is not yet soaring

[jpinpb]

Thank you all for responding. I am now delving into trying to educate myself on this. I am posting this article here for others who may be interested in learning more. Or perhaps I’m the only Pigg late to gold. If that’s the case, ignore the link to Why gold is not yet soaring

[4plexowner]

“For those of you who just can’t be happy about an asset that gains 16 percent a year while nearly everything else submerges into some sort of netherworld, rest assured that the really good times for gold will be here soon enough.”

good article – thanks for the link

the author of this article is referring to something Richard Russell talks about: the three phases of every bull market
– the first phase is when smart money recognizes a new trend and starts taking their positions
– the second phase is when institutional investors recognize the developing trend and start taking their positions
– the third phase is when joe public recognizes the ‘new’ trend and starts taking his position

it is the third phase of the bull where the dramatic price increase occurs and maybe goes parabolic ala NASDAQ bubble, tulip bubble, etc – Richard says that bull markets tend to run far longer and higher than even the bulls expect – according to Richard and the author of this article, the third phase of the precious metals bull is yet ahead of us – Richard often ends his advise on the PMs with this comment: “there’s no fever like gold fever” – his point being that the third phase of the PM bull will probably amaze us all

[4plexowner]

“For those of you who just can’t be happy about an asset that gains 16 percent a year while nearly everything else submerges into some sort of netherworld, rest assured that the really good times for gold will be here soon enough.”

good article – thanks for the link

the author of this article is referring to something Richard Russell talks about: the three phases of every bull market
– the first phase is when smart money recognizes a new trend and starts taking their positions
– the second phase is when institutional investors recognize the developing trend and start taking their positions
– the third phase is when joe public recognizes the ‘new’ trend and starts taking his position

it is the third phase of the bull where the dramatic price increase occurs and maybe goes parabolic ala NASDAQ bubble, tulip bubble, etc – Richard says that bull markets tend to run far longer and higher than even the bulls expect – according to Richard and the author of this article, the third phase of the precious metals bull is yet ahead of us – Richard often ends his advise on the PMs with this comment: “there’s no fever like gold fever” – his point being that the third phase of the PM bull will probably amaze us all

[4plexowner]

“For those of you who just can’t be happy about an asset that gains 16 percent a year while nearly everything else submerges into some sort of netherworld, rest assured that the really good times for gold will be here soon enough.”

good article – thanks for the link

the author of this article is referring to something Richard Russell talks about: the three phases of every bull market
– the first phase is when smart money recognizes a new trend and starts taking their positions
– the second phase is when institutional investors recognize the developing trend and start taking their positions
– the third phase is when joe public recognizes the ‘new’ trend and starts taking his position

it is the third phase of the bull where the dramatic price increase occurs and maybe goes parabolic ala NASDAQ bubble, tulip bubble, etc – Richard says that bull markets tend to run far longer and higher than even the bulls expect – according to Richard and the author of this article, the third phase of the precious metals bull is yet ahead of us – Richard often ends his advise on the PMs with this comment: “there’s no fever like gold fever” – his point being that the third phase of the PM bull will probably amaze us all

[4plexowner]

“For those of you who just can’t be happy about an asset that gains 16 percent a year while nearly everything else submerges into some sort of netherworld, rest assured that the really good times for gold will be here soon enough.”

good article – thanks for the link

the author of this article is referring to something Richard Russell talks about: the three phases of every bull market
– the first phase is when smart money recognizes a new trend and starts taking their positions
– the second phase is when institutional investors recognize the developing trend and start taking their positions
– the third phase is when joe public recognizes the ‘new’ trend and starts taking his position

it is the third phase of the bull where the dramatic price increase occurs and maybe goes parabolic ala NASDAQ bubble, tulip bubble, etc – Richard says that bull markets tend to run far longer and higher than even the bulls expect – according to Richard and the author of this article, the third phase of the precious metals bull is yet ahead of us – Richard often ends his advise on the PMs with this comment: “there’s no fever like gold fever” – his point being that the third phase of the PM bull will probably amaze us all

[4plexowner]

“For those of you who just can’t be happy about an asset that gains 16 percent a year while nearly everything else submerges into some sort of netherworld, rest assured that the really good times for gold will be here soon enough.”

good article – thanks for the link

the author of this article is referring to something Richard Russell talks about: the three phases of every bull market
– the first phase is when smart money recognizes a new trend and starts taking their positions
– the second phase is when institutional investors recognize the developing trend and start taking their positions
– the third phase is when joe public recognizes the ‘new’ trend and starts taking his position

it is the third phase of the bull where the dramatic price increase occurs and maybe goes parabolic ala NASDAQ bubble, tulip bubble, etc – Richard says that bull markets tend to run far longer and higher than even the bulls expect – according to Richard and the author of this article, the third phase of the precious metals bull is yet ahead of us – Richard often ends his advise on the PMs with this comment: “there’s no fever like gold fever” – his point being that the third phase of the PM bull will probably amaze us all

[jpinpb]

So I’ve been told that Mike Savage has been telling people for a very long time on his radio show to buy gold.

Do you think that Joe public is already buying gold and the media hasn’t broadcasted it? I mean, plenty of commercials on tv telling people to buy gold. One could argue that we are actually in the third phase.

But then again, more people are still promoting real estate and now’s the time to buy, rates are low, prices are low, tax credit, buy foreclosures, now’s the time or you’ll be kicking yourself.

One could argue Joe public is still busy trying to buy real estate.

Not sure. My head is spinning trying to figure this out.

[jpinpb]

So I’ve been told that Mike Savage has been telling people for a very long time on his radio show to buy gold.

Do you think that Joe public is already buying gold and the media hasn’t broadcasted it? I mean, plenty of commercials on tv telling people to buy gold. One could argue that we are actually in the third phase.

But then again, more people are still promoting real estate and now’s the time to buy, rates are low, prices are low, tax credit, buy foreclosures, now’s the time or you’ll be kicking yourself.

One could argue Joe public is still busy trying to buy real estate.

Not sure. My head is spinning trying to figure this out.

[jpinpb]

So I’ve been told that Mike Savage has been telling people for a very long time on his radio show to buy gold.

Do you think that Joe public is already buying gold and the media hasn’t broadcasted it? I mean, plenty of commercials on tv telling people to buy gold. One could argue that we are actually in the third phase.

But then again, more people are still promoting real estate and now’s the time to buy, rates are low, prices are low, tax credit, buy foreclosures, now’s the time or you’ll be kicking yourself.

One could argue Joe public is still busy trying to buy real estate.

Not sure. My head is spinning trying to figure this out.

[jpinpb]

So I’ve been told that Mike Savage has been telling people for a very long time on his radio show to buy gold.

Do you think that Joe public is already buying gold and the media hasn’t broadcasted it? I mean, plenty of commercials on tv telling people to buy gold. One could argue that we are actually in the third phase.

But then again, more people are still promoting real estate and now’s the time to buy, rates are low, prices are low, tax credit, buy foreclosures, now’s the time or you’ll be kicking yourself.

One could argue Joe public is still busy trying to buy real estate.

Not sure. My head is spinning trying to figure this out.

[Author]

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