Gold and Silver Prices Will Begin to Shine [View article]
folks who have not been around long or lack a good study of history fail to understand some basics--
reversion to the mean
buy/invest in "things you could barter or live on"
an ounce of gold has provided the means to buy a set of clothing/shoes for thousands of years in time.
the deflation now being experienced is a natural occurence. the previos values of things were not real. had one lived/invested with reality, that person would be less frustrated with the unfortunate circumstance of the day.
if the velocity of the fiat world currencies is not managed properly, hyper inflation/deflation will occur. make your bet! i doubt the "just right" three bears scenario is likely to happen.
history is sometimes prologue, but not always. we'll not know 'til it's all over.
On Dec 05 12:42 PM Marc Courtenay wrote:
> First, I try to follow my "mentors" suggestions which have been correct > more times than they have been incorrect. In this unprecedented derivatives > and credit crises, all we have are "clues". Secondly, AUY and many > other well-managed miners tend to trade in ranges and there have > been many opportunities to "buy low and sell high" in shorter periods > of time. Lastly, no one I've heard of and follow was able to anticipate > how badly the resource stocks would be decimated. Seeking Alpha isn't > a forum for authors to "pump > their own holdings" but a place to share ideas and compare our investment > strategies and experience. It should be a way of networking with > other investors and learning from each other. > > On Dec 05 05:22 AM Marketer25 wrote:
Gold and Silver Prices Will Begin to Shine [View article]
reversion to the mean
buy/invest in "things you could barter or live on"
an ounce of gold has provided the means to buy a set of clothing/shoes for thousands of years in time.
the deflation now being experienced is a natural occurence. the previos values of things were not real. had one lived/invested with reality, that person would be less frustrated with the unfortunate circumstance of the day.
if the velocity of the fiat world currencies is not managed properly, hyper inflation/deflation will occur. make your bet! i doubt the "just right" three bears scenario is likely to happen.
history is sometimes prologue, but not always. we'll not know 'til it's all over.
On Dec 05 12:42 PM Marc Courtenay wrote:
> First, I try to follow my "mentors" suggestions which have been correct
> more times than they have been incorrect. In this unprecedented derivatives
> and credit crises, all we have are "clues". Secondly, AUY and many
> other well-managed miners tend to trade in ranges and there have
> been many opportunities to "buy low and sell high" in shorter periods
> of time. Lastly, no one I've heard of and follow was able to anticipate
> how badly the resource stocks would be decimated. Seeking Alpha isn't
> a forum for authors to "pump
> their own holdings" but a place to share ideas and compare our investment
> strategies and experience. It should be a way of networking with
> other investors and learning from each other.
>
> On Dec 05 05:22 AM Marketer25 wrote: