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Looks like lots of people got hosed on paper silver...
How do the elites get away with this crap? Now experts are saying all the commodities are going to go nuts.
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Guy Zindel |
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What's going to happen now that China isn't exporting?
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Guy Zindel |
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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; Yesterday at 08:32 AM.. |
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