^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Good analysis.
Actually, I should be a gold bug as it has always been a good investment for me, both metal and mining stocks.
My push-back is against the idea that the economic imbalances could somehow be fixed by reverting to a metal-based currency, presumably without fractional banking. Ron Paul is simply wrong about this. To be blunt, the idea is as goofy (well, almost) as the global warmists who want to do away with carbon-based energy. It's just incompatible with the modern world.
But yeah, gold is fabulous. Silver too.
Speaking of metals, I also like lithium, as electric vehicles are coming fast (and not because of global warming ... they're just a better engineering solution and will ultimately price gasoline vehicles out of the market).
BTW, 50% of all investors are wrong on each and every market price. Because if there were an imbalance of "Bulls" and "Bears" on the security or metal or whatever, the price would change! (Every transaction has both a buyer and a seller, who obviously disagree on whether the price is going up or down.)
That's the utter genius of free markets!
One of our favorite Freepers/Qreepers has passed away
2ndDivisionVet has passed away
11/10/2019, 12:33:59 PM · by Vendome · 189 replies
https://www.freerepublic.com/focus/f-news/3792969/posts
Bless him and his family.