I’m in a bit of a mood today totally unrelated to the drop off in metal prices. I’m wondering why are my hits are going up yet the comments are minimal.
That in mind I have some questions I would like answered.
Have you accepted the argument of metals as a sound investment or at least economic insurance?
Do you hold Gold or Silver or both?
If Silver, are you basing your investment on the belief in a probable eventual silver shortage or simply as real money and a hedge against the dollar?
What are your favourite products, why?
How are you dealing with storage?
How do your perceive the relative safety of paper silver/gold?
Do you dabble in metal equities or purely bullion?
What are your target prices, short and long term?
Off metals for a second, should we expect an inflationary or deflationary sprial to bring this mess to crisis?
I should really do this in a survey form but this will have to do. I hope to get some feedback about these issues, after all I know what I believe but I’d like to know what the bigger consensus is.
What if anything do you wish to see discussed on this site?
Thanks
Kubera Jones
Lord of Wealth
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2 comments:
hey kubera
regarding your survey...
i have accepted the idea of metals as a sound investment, i own gold and silver and base metal equities and as for silver i think it will benefit from a supply/demand crunch and also a rise in gold prices. my target for gold is $850 and for silver it is $17.
I have bought silver mostly as an affordable dollar hedge, a $17 short term is reasonable but if a shortage situation happens $200 is not out of line.
My silver/gold is about 75%/25%, I'd like more gold but silver is more easily accumulated at my savings rate.
I bought a number of different physical products including a large order from NWT mint of rounds. also
$500 face of clad junk silver, $100 face 90% junk.
I opening a monthy buying plan with "The Money Changer"
http://www.the-moneychanger.com/entry.phtml
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