Random Thought Thread

Moorik said:
Precious metals like gold and silver usually rise when big governments and major market players are accumulating large positions.

When ordinary people start rushing into silver or gold, that’s usually a sign of a peak.

Gold and silver tend to stay within the same price range for decades, and then literally within one year, after all that time, they break into a completely new range.

Right now, the $80–110 range for silver is most likely going to last for 10 years or even longer.

Gold and silver are not a hedge against inflation.

Gold and silver are, more often than not, a hedge against profit.

Of course, unless your great-grandfather left you some gold or silver bars.

You need silver and gold if you want to pass value on to your grandchildren — to carry wealth through the years.

Whenever I hear someone say they want to “make money” on gold and silver, I’m always surprised by that kind of thinking.
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Well if you know the top and bottom of where a range will be for 10 years.... couldn't you feasibly buy low and sell high during that time?
 
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Well, I know it's simplistic, Mat, but that's why I limit our equity exposure to under 40% of the total portfolio, the rest being what would be considered "safer" assets under most definitions, but which we already know...nothing is completely safe and there are no free rides. Except for maybe the "G" fund.
 
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