Posted on 01/05/2015 10:57:16 AM PST by Signalman
done!!! Agreed.
“No I would say the entire abdominal and chest cavity has been scooped out at this point... the brain just hasn’t realized it yet....”
What brain? That cavity was emptied out a long time ago.
“Turns out there is some paradigm I am missing.”
The Federal Reserve has been continuously propping up the market through quantitative easing.
2008 was a year of a significant run up and then down of gasoline prices:
Average price of one gallon regular unleaded in the USA
Jan 7, 2008 $3.11
Mar 31, 2008 $3.29
July 14, 2008 $4.11
Sept 8, 2008 $3.65
Dec 29, 2008 $1.61
Not if it’s only part of your portfolio and not if you bought it 14 years ago. I’ve quadrupled my investment. :)
*SIGH* I just cannot explain my love of PMs and various other commodities to those who’ve never been there. I’ve been doing this since High School - which was a LONG time ago, LOL!
Quintupling an investment just isn’t enough for some people! ;)
Interest rates will go down. The are predicting 1.38% on the ten year.
‘Maybe the feds can start 3D printing gold, eh?’
I wouldn’t buy it at THESE crazy prices, LOL! ;)
Don’t you worry your handsome little head about me. We’ll be just fine. :)
Yes, but what about now? I was a gold bug but have now been soured on it. The only reason I am holding what I have is that they are so under water.
I thought they announced that they are stopping QE? And the market is rallying without it anyways....that’s what I can’t quite understand.
I bought my stash 14 years ago; it’s done nothing but go up. It’s a small part of my portfolio, but has given me the best return. Timing was everything.
>> “ I was a gold bug but have now been soured on it. The only reason I am holding what I have is that they are so under water.” <<
.
Don’t be a weather vane!
When China’s move against the dollar is launched in full force, you’ll get a nose bleed trying to get up to where PMs will be. (in dollars only)
.
That’s the gamble I guess. Some time back, years back, there was talk that gold could have a rough 50% hair cut, before resuming its bull market. Maybe that is what these 2 past years was?
Question is where to now? 1000 as some have suggested? Or up from here? Problem is in the performance. A gambler would buy now, but someone more conservative would wait for certain thresholds (like 1400) to be taken out on the upside.
When China pushes go, the dollar will fall so far so fast That gold, in dollars, could go to $5000 or $6000 in a short period.
The same could happen with all other markets, ending up in six figures.
.
Just one more clue:
When it all breaks, gold will rise way faster than silver or platinum.
Why?
Because in a steep deflation, the banks will have to buy all the gold they can get their paws on to keep their capitalization from evaporating.
.
Low oil prices hurt only those involved in the industry. The benefit to the overall economy is enormous.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.