Anyone into precious metals here?

[Nobody Special]

Think we'll ever see $1400/oz again?
12 was my in, but I don't think we will ever see that again. :sobbing:

:usa:

 

[Oldmanb777]

Haven't been into precious metal in a long time. But the inevitable inflation and devaluing of the dollar, makes me thing I should get into that. With uncle Sam printing money like a wild drunken sailor, inflation can't be far behind. So a hedge against that is often precious metals. So what are you investing in?

 

[Nobody Special]

Haven't been into precious metal in a long time. But the inevitable inflation and devaluing of the dollar, makes me thing I should get into that. With uncle Sam printing money like a wild drunken sailor, inflation can't be far behind. So a hedge against that is often precious metals. So what are you investing in?

Fiscal responsibility is why we will never see a gold standard in our time here.

I am waiting for the market to make its move up or down which will point me where to go next. Metals and The DOW have been moving in tandem for awhile.

I'll invest in most anything tangible, and "the market".

 

[Oldmanb777]

My feeling is the market is way over valued. Nothing to really base that on, just more gut feeling. I can find "advice" either way. I just can't believe that this raging economy can continue. but I'm generally a pessimist anyway. Just seems like things are really overheated right now, and with all kinds of new restrictions on business, and fossil fuels adding costs to everything, that should kill it. So much depends on how fast they try to kill prosperity. I think the demographics may keep things bolstered up for a while, again, depends on new govt restrictions and how fast they implement them.

 

[Nobody Special]

My feeling is the market is way over valued. Nothing to really base that on, just more gut feeling. I can find "advice" either way. I just can't believe that this raging economy can continue. but I'm generally a pessimist anyway. Just seems like things are really overheated right now, and with all kinds of new restrictions on business, and fossil fuels adding costs to everything, that should kill it. So much depends on how fast they try to kill prosperity. I think the demographics may keep things bolstered up for a while, again, depends on new govt restrictions and how fast they implement them.

I feel the same way, and I am an optimist.
The economy is nothing more than a fragile illusion which is a fact is a consumer-based market.
You have higher fuel prices coming and Keystone is being killed, so the jobs go with...
And this brings me to sound investment strategies.

Market is too high right now so you don't get much for your fiat.
Same with gold.

I'm glad I grew up when I did. I got to see life just before and after "the net", and I prefer "old" life where people went and did stuff outdoors.