All I know is, I have been buying some silver whenever I can since the early seventies. I moved to Mexico a few years ago and continue to buy the Mexican Libertads which seem to always be available (buy or sell) in the Elektra Home stores. I like the feel of gold and silver...I remember as a child in the 40s and 50s the thrill of holding silver dollars, which were often given to kids by relatives, and then putting them in a secret place; I still have them. If the sh** hits the fan (and it will) I will buy a few beans and tortillas with the silver I have stashed. Ultimately, PM coins have nothing to do with inflation and deflation; they are money, pure and simple (read history).
Stock and Precious Metals Markets: 'Head Fake' or 'Earth Quake'? [View article]
My "Fear" is kicking the ass of my"Greed" in the PM arena.
I can neither take profit, hedge nor buy into this confusing market.... I trust that the PMs will be bullish in the longrun, so I just have quit trading them. It is sometimes better to read a good book than pound the keys looking for a deal...(IMHO)
Current Gold Price Is Not a Bubble [View article]
It will never be a bubble to me.
Stock and Precious Metals Markets: 'Head Fake' or 'Earth Quake'? [View article]
I can neither take profit, hedge nor buy into this confusing market.... I trust that the PMs will be bullish in the longrun, so I just have quit trading them. It is sometimes better to read a good book than pound the keys looking for a deal...(IMHO)