@cohodk said:
Are you grumpy derrydoom because PMs dont throw off income like equities or real estate? Are you grumpy because collectibles....
Perhaps someone ought to chart the correlation between "thread grumpiness" towards metals moderates and "actively sells PM items for a profit online to this audience" 😂
You forgot to mention how PMs lost their purchasing power over the last decade... real estate and equities were the place to be.
Real Estate is not, and has not been, a good investment the past decade (with some exceptions in certain locations, doing renovations to increase the value via hard work, and the necessity of having a place to live).
The EXCESSIVE real estate taxes are the killer. By the time you pay those, and the upkeep, and the realtor's commissions when you sell, there is not much gain to be had, even in a supposedly "rising" real estate market.
With more people working from home, there will be a glut of commercial office space. And if mortgage rates rise, even just a little bit, look out.
I live in idaho and have premium + property I bought cheap and the californies are coming here in droves and that is who I'm going to market to! I own a lot of PM's but I never needed the money. I have not been in rush hour traffic except traveling 42 years. No covid no riots! I have big horn rams that rub against my house on one property and my wife shot a trophy elk above the house! I eat excellent food and live the dream! I guess it's all about what you want in life!
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Then my friends then, you dry out your bumper crop, give some seedlings to your kids and show them what to do..
Liberty: Parent of Science & Industry
You certainly win that title. The PCGS silver pumping troll.
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Exactly One every day, so far as my experience goes.. ymmv
Liberty: Parent of Science & Industry
Perhaps someone ought to chart the correlation between "thread grumpiness" towards metals moderates and "actively sells PM items for a profit online to this audience" 😂
Liberty: Parent of Science & Industry
Nope...a boat is a want. Food and housing is a need.
Knowledge is the enemy of fear
three for the price of one. lol
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
You have earned my pity derryb.
Knowledge is the enemy of fear
I'm just sitting back and waiting ... at my age the only thing I can do is HOPE.
I live in idaho and have premium + property I bought cheap and the californies are coming here in droves and that is who I'm going to market to! I own a lot of PM's but I never needed the money. I have not been in rush hour traffic except traveling 42 years. No covid no riots! I have big horn rams that rub against my house on one property and my wife shot a trophy elk above the house! I eat excellent food and live the dream! I guess it's all about what you want in life!