DoChenRollingBearing
Yellow Jacket
...
The paper prices of our PMs are getting bashed today. And the stagnation we have seen in prices for over a year are disheartening. How much of this is manipulation? I sure don't know.
But, I think I do know this: NONE of our basic financial problems have been solved, nor does it even look like they are even being addressed.
We seem to be in a time where doing the right thing (buying gold & silver in case the wheels fall off the train) is looking stupid... And while it is very useful to question one's assumptions from time to time, I fully believe that gold and the other PMs will rise as our financial and political system degenerates...
***
However difficult it appears, I will be one who continues to buy PMs even if gold is on the way down to a "price" of $1535, $1235, whatever. Because gold is one of the few things that will continue to be of value under almost any conceivable scenario.
^--- And you can book that, Danno!
The paper prices of our PMs are getting bashed today. And the stagnation we have seen in prices for over a year are disheartening. How much of this is manipulation? I sure don't know.
But, I think I do know this: NONE of our basic financial problems have been solved, nor does it even look like they are even being addressed.
We seem to be in a time where doing the right thing (buying gold & silver in case the wheels fall off the train) is looking stupid... And while it is very useful to question one's assumptions from time to time, I fully believe that gold and the other PMs will rise as our financial and political system degenerates...
***
However difficult it appears, I will be one who continues to buy PMs even if gold is on the way down to a "price" of $1535, $1235, whatever. Because gold is one of the few things that will continue to be of value under almost any conceivable scenario.
^--- And you can book that, Danno!