| Author | Message | ||
     Kubang Kurra Bewarse Username: Kubang Post Number: 3302 Registered: 09-2011 Rating: N/A |
I don't know where the world is heading to, if I know that fact I don't need to work. I am very well aware of the deficits (in fact triple deficits) that US is facing, that doesn't mean its end of the world. I read the argument for gold and silver extensively and hold about 10% of my portfolio in ABX and XGD. Its an insurance policy. If everything goes down, gold will not stay high, we have seen that in 2008. It may or may not reach $10k, I don't know but making investment decisions based on historical ratios is a mistake. I learned this already in my 15year investment/gambling exp.  My leason learned (not an advise to anyone here) - don't buy onesided argument, pay attention to the counter argument |