Are you fearfull?

mariner67

PMs really seem to be in a secular bear market....could last decades.
As a stacker, at your age or stage in life are you worried?
PMs may not recover in some of our lifetimes.
I have been through it before....so I know it can happen again now.
Not trying to be a big bummer here....just wonderin'

renman95

Nope.

VanHalen

<< <i>PMs really seem to be in a secular bear market....could last decades.
As a stacker, at your age or stage in life are you worried?
PMs may not recover in some of our lifetimes.
I have been through it before....so I know it can happen again now.
Not trying to be a big bummer here....just wonderin' >>



No need to fear unless you have dinner money in the PM markets. Sure the bear market could last decades but it probably won't and we'll likely start another bull run before the decade is out.

Try to have fun with metals and don't stress out over things you cannot control. It's not a bummer if you can laugh at yourself and realize how lucky you really are. Peace out.

KennyBerger

No, I only own a tiny bit right now. However, if I owned a bunch and was buried at this point, I'd be a bit fearfull.

PerryHall

My greatest fear is that the government will get its financial affairs in order---balanced budget and pay down the national debt. This would certainly take the luster off PM's.

gsa1fan

I fear I never have enough, of which I have very little so no fear here.

Mission16

<< <i>My greatest fear is that the government will get its financial affairs in order---balanced budget and pay down the national debt. This would certainly take the luster off PM's. >>




Can you imagine what it would take to do that? The mind boggles.

dpoole

<< <i>My greatest fear is that the government will get its financial affairs in order---balanced budget and pay down the national debt. This would certainly take the luster off PM's. >>



Seeing as to how the government has been doing the opposite of that and PMs have tanked, "getting its financial affairs in order" may be necessary to get PMs back in the precious category.

Yikes. We're doomed.

PerryHall

<< <i>

<< <i>My greatest fear is that the government will get its financial affairs in order---balanced budget and pay down the national debt. This would certainly take the luster off PM's. >>




Can you imagine what it would take to do that? The mind boggles. >>



With the entitlement mentality of the average voter it would take a dictatorship.

2ndCharter

Not at all - my PMs were purchased as an insurance policy. If they collapse in price, it means that my other assets (pensions, money in the bank, stocks, etc.) should be OK. The PMs were bought just in case inflation took off and the other assets declined in purchasing power.

I had no interest in putting all my eggs in one basket or becoming a flipper so, no, no worries about declining PMs at all.

ricko

Not concerned at all.... Cheers, RickO

roadrunner

I'm concerned with the $1 QUAD in derivative's debt-money out there and markets run up on QE the past 4 years. Not a bit concerned about PMs though.

Cohodk mentioned something about the lowest job claims in over 40 years. That can be said of the HUI to Gold ratio as well. Except that goes back to 1942 before you will find anything lower. This has already "lasted decades" in this specific example. Reversion to the mean?

DrBuster

Not fearfull. My stack is what it is and I hope to not touch it for 20 years other than to add or do GSR swaps when applicable to swap for yellow again.

chumley

I assume that my heirs will be the ones to benefit from my precious metel collection.....they have no money invested so it will be pure profit for them

BAJJERFAN

Like going to a casino, don't gamble with money that you can't afford to lose.

RyansRust

<< <i>I assume that my heirs will be the ones to benefit from my precious metel collection.....they have no money invested so it will be pure profit for them >>



+1

OPA

<< <i>

<< <i>I assume that my heirs will be the ones to benefit from my precious metel collection.....they have no money invested so it will be pure profit for them >>



+1 >>



+2

Justacommeman

<< <i>

<< <i>

<< <i>I assume that my heirs will be the ones to benefit from my precious metel collection.....they have no money invested so it will be pure profit for them >>



+1 >>



+2 >>



My kids think that the barbarous relics have no place in the new world. I'm taking mine with me to the grave

mark

guitarwes

<< <i>

<< <i>

<< <i>

<< <i>I assume that my heirs will be the ones to benefit from my precious metel collection.....they have no money invested so it will be pure profit for them >>



+1 >>



+2 >>



My kids that the barbarous relics have no place in the new world. I'm taking mine with me to the grave

mark >>


I'm digging you up, just don't set any booby traps. Be sure to tell your heirs to put a raw super gem MS Walker in your vest pocket. Wonder what decomposition toning looks like?

Pokermandude

<< <i>Like going to a casino, don't gamble with money that you can't afford to lose. >>



That's why I am staying away from the stock market.

PerryHall

<< <i>

<< <i>Like going to a casino, don't gamble with money that you can't afford to lose. >>



That's why I am staying away from the stock market. >>



Good point. Paper assets are not without their own risks.

jdimmick

I hate PM's , so I don't care

Baley

Fairly comfortable with an asset allocation that includes exposure to the risks and rewards of stocks, real estate, numismatic coins, precious metal bullion, and misc. other objects of desire including green and digital US dollars.

MilesWaits

<< <i>Fairly comfortable with an asset allocation that includes exposure to the risks and rewards of stocks, real estate, numismatic coins, precious metal bullion, and misc. other objects of desire including green and digital US dollars. >>



You left out race horses and the kitchen sink, Baley!

bidask

To late to be fearful.

Already there! 😅

Justacommeman

Only of clowns

mark

bronco2078

<< <i>Only of clowns

mark >>



stay away from Switzerland then

streeter

<< <i>

<< <i>Fairly comfortable with an asset allocation that includes exposure to the risks and rewards of stocks, real estate, numismatic coins, precious metal bullion, and misc. other objects of desire including green and digital US dollars. >>



You left out race horses and the kitchen sink, Baley! >>



Also left out AU$1 & C$1.

clw54

<< <i>My greatest fear is that the government will get its financial affairs in order---balanced budget and pay down the national debt. This would certainly take the luster off PM's. >>

TwoSides2aCoin

jubilant

Coin Finder

Great buying opportunities abound!!!

cohodk

Roadrunner, Too bad people, companies and PMS are all different types of entities. Otherwise we could make a blanket statement and cover them all.

Regarding PMs, I think most aRe more disallusioned than fearful. Strong belief systems can overwhelm judgement. 5000 years of war in the Middle East is an excellent example.

Justacommeman

<< <i>

<< <i>Only of clowns

mark >>



stay away from Switzerland then >>



less then zero chance of me opening that link.

mark

bronco2078

<< <i>

<< <i>

<< <i>Only of clowns

mark >>



stay away from Switzerland then >>



less then zero chance of me opening that link.

mark >>


When I first saw it I thought it was an onion story but apparently its real

AUandAG

Anyone see that I'm selling guns for silver????

bob

Justacommeman

<< <i>

<< <i>

<< <i>

<< <i>Only of clowns

mark >>



stay away from Switzerland then >>



less then zero chance of me opening that link.

mark >>


When I first saw it I thought it was an onion story but apparently its real >>



And I'm also afraid of bob

mark