*I have a feeling* this year and possibly next year we will see gold and silver take a bit of a dive while the Euro is eliminated and those in the Eurozone (that have been grossly encumbered by debt writh in their own doing. I think after this period, when this start to settle from the initial shock, gold and silver may start on a rapid incline. .. i just have a strong feeling pms are going to get belted this year
I think Gold is incredibly manipulated. Much more than we can possibly imagine. I don't believe price or sales volumes. They are playing a very hidden game.
... dunno. When none of us have proof ..its just speculation. I return to the original simplicity of the reason I bought ag and au - 1. I cant afford a mortgage (but personally don't think its the right option for me right now anyway) 2. Stocks can turn to zero and companies can disappear. 3. Pm's are precious for a reason. They hold value. If anything, my expense paying ability (the money I have) is preserved in these metals. If it protects us from financial disaster in some way, great. If we see a potential to make gains from it before its REALLY required to preserve our money, great as well.
I'd rather be in phyzz than paper - whether we're talking ETF or Fiat. I don't try and second guess the markets week to week, year to year. I've done my research. I've learned my history. I've committed to the fundamentals. Let the maniacs torch the markets all they want in a desperate effort to keep the masses from flocking to physical, it'll only make the inevitable rush much stronger. I'll just accumulate phyzz and sit on the sidelines thanks.
