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An interesting analysis on gold.

CaptHenwayCaptHenway Posts: 32,227 ✭✭✭✭✭
As found on KITCO.

linky
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.

Comments

  • I feel so confident when so many think the PM market will crash. Id be real worried if everyone had already piled on. With the paper to real bullion ratios around 100-1 in gold and silver Ill keep my stash.

    One word of caution to all who want to invest, the market can move up and down far and for long, don't leverage and dont buy on borrowed money. If you dont have to sell you can handle any downturn.

    Of course it may drop forever if Congress stops spending, the Bankers stop cheating us and the Fed stops printing money, and we know how likely that is.
  • jmski52jmski52 Posts: 22,897 ✭✭✭✭✭
    if Congress stops spending, the Bankers stop cheating us and the Fed stops printing money

    And I could put my life's savings on a winning trifecta, too.image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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