People always say buy gold and silver, yet my lifetime I have watched many people LOSE money buying gold and silver. It seems like some broad diversification is needed. I'd own real estate, stocks, cryptocurrencies and the metals. All I know is that many of our markets are in high bubble territory ready to pop. If we follow history it would be time to sell most asset classes and hold cash. Then when the asset classes are cut by 20 percent or more, start buying a little.
RE: Your Silver Pacifier! (Bix Weir)
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Your Silver Pacifier! (Bix Weir)
Melody, The world is changing fast. I see you're in real estate, and so am I (appraiser), but when credit freezes up this Fall everywhere, and no one can get home loans, home prices will drop through the floor (some say as much as 90%!) There's already a glut in land and housing. China, Russia, India, Japan and most other countries are buying gold & silver hand over fist at these relentlessly suppressed metals, but when they bust loose (and they soon will), you'll be sorry if you don't have any metals or cryptos, but thrilled and relieved if you do have some of each! I only stick my 2-cents into this subject because I don't want to see anyone lose everything.
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