No one is late to investing. It’s just when they start. Those that are born in the future will start when they start. What is important is that it is considered, proportional and risk managed.
Since I posted the video, I must say that the pumpers videos must be taken with a pinch of salt. So far, I've not seen any channel that managed to accurately predict the bottom out of gold in Oct-Nov last year and silver in Feb-May. Most are just bullish all the way.
that is certainly true, you need to be very careful of people who pull you in to buy at the wrong times, they always tell you when to buy, never when to sell, infact according to those sorts its always time to buy, even when its clearly not
Aw, S#!T, Bix just said that Gold & Silver are going 1:1, - just like JOHNLGALT has been saying for the last 2 years. About time you read my posts Bix. I told you that you were a nut for buying $#!TC@!N too, but have you repented? _JOHNLGALT.
HOLY CRAP. @ 8. mins. 15 seconds BIX sings a little ditty for 3 minutes. You don't want to miss that do you?
lol i didnt cherry pick anything silver over the longer term has been a terrible investment it has been ok in the short term but long term it is one of the worst asset classes there is you could have thrown a dart at any thing else and came out ahead over teh last 20 years
Bought $10k of pasminco shares late in 2000. Looked good at the time - wish I had bought silver. Which they were producing a lot of at the time. Sadly not. Money gone. Lesson learnt.
the problem is people never thrown darts but just complete bias that lead to complete lost, had they just use darts...may be they can't be so unlucky
anything you saying in the last 20 years would have been better investment? thats a big call, Gee your imagination isnt great, Invest in Enron not silver were you yelling in 2006? lol Invest in housing market its fool proof, buy says Lehman Brothers, lol. But Court Jester says Silver is the worst investment you could have made in the last 20 years lol.
had your stack remains the same except there is a layer of dust on the surface, lousy investment... it just shit there
Metals are the ONLY guaranteed win of you buy smart. Metals will also outperform everything else by a long shot in the Great Trump Depression that is coming, as they always do. Housing has been collapsing for months or more now and one of the worst investments at this time. Buy a house 6 months ago and take on a 30 yr mortgage or buy gold? Easy choice.
I just saw an article about using Google Trends to predict market tops. Thought it is important enough to warrant a thread on its own. https://trends.google.com/trends/ex...uy silver,how to buy gold,How to buy platinum Anyone of you good at using charting software may be able to create a chart that combines both google trends and silver/gold prices.
you hope it can become like these 2,000-year-old bronze relics brought home from Japan http://www.xinhuanet.com/english/2019-09/10/c_138381476.htm
Google trends years ago the Indians were buying silver at tremendous amounts. 2007 from memory. I remember the chart candles well they were lovely
@alor. What dynasty are those objects from? I'm guessing they were burial offerings to someone very important. Hmmm I like a few in my collection
the link is updated The bronzeware were identified by researchers to be stolen items from ancient tombs dating back to the Spring and Autumn Period (770 B.C.-476 B.C.) located in Suizhou, central China's Hubei Province.
Sure more cherry picking on your behalf if you diversified in the share market even if you were holding Lehman shares you would still be well ahead
It's not particularly helpful to solely match asset class versus asset class when you're doing a historical analysis of market as to what investment is "better," in this case your after tax realization. What almost always outperforms any solitary asset class is owning a spectrum of asset classes and rebalancing on a set timeline - I tend to do this quarterly, but I know of people who only do this once or twice a year. If you invested 10% of your portfolio in metals and had a reasonable mix of bonds and equities - note that I omit real estate here because for my own personal purposes I think of my home as the real estate portion of my portfolio and, for obvious reasons, it would create financial complications to flex in and out of the value of my home - you would have just crushed it in the markets by moving your profits in metals and bonds into equities when the equity markets were depressed. This kind of rebalancing, if you're strict about it, also stops you from trying to constantly time the markets or buying into market momentum with weak fundamentals. This has worked out really well for me (go MPT!). My own portfolio is a little heavier on metals because (i) admittedly a fairly significant portion of my silver holdings are purchased because I find them aesthetically pleasing, and (ii) I have some worries that the traditional inverse relationship between the price of bonds and equities might not hold up in the future.
