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With precious metals, the only thing that is certain is uncertainty. We know that the printing presses are running hot and inflation will continue higher than 3%. We need to be in asset classes, not dollars at a bank or under the mattress. Broad market stocks and Real Estate may wobble a bit as interest rates fluctuate but are a good long term store of value that rises with the economy ahead of inflation. Gold and silver look oversold to me right now but I have been wrong before. They might continue on this meteoric rise but... they might not.
The last thing I listen to is "hot tips from experts" who just happen to hold a lot of gold and silver. They have a very personal interest in a future rise and their opinions are compromised. A classic pump and dump setup. We saw this exact scenario in 1980 when gold went from $900-$600 oz and stayed dead flat for 25 years as RE and the S&P 500 soared. It was not my best hedge against inflation.
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2021 Cayman GTS 4.0L
2020 Macan (dog hauler)
Last edited by Cajundaddy; 12-29-2025 at 08:32 AM..
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