re: Precious Metals

quote:

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Kicking myself in the arse for not buying silver at $10/oz about a year and a half ago.

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I bought some at like $16 or so. Its done well.

I suspect gold is in a bubble right now as it approaches 1450. Silver is definitely in a bubble.

I think we are going to see a swing to the downside across many asset classes soon....by soon, I mean the next 100 years. No seriously, we are going to have a mini crisis in the financial sector at some point. And there is a lot of levered investment in gold that will cause a tumble. In 2008, we saw a decent sized tumble in gold.