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re: Serious Damage Done to Precious Metal
Posted on 4/13/13 at 11:38 pm to kingbob
Posted on 4/13/13 at 11:38 pm to kingbob
Even with regards to purchasing on credit or with cash, if you anticipate that any good is going to decrease in price in the future, you're going to wait as long as you can. The thing is that many people will be doing this, which will drive the prices even lower. Pretty soon businesses will begin to have cash flow issues.
1
Posted on 4/14/13 at 9:35 am to OFWHAP
Everybody is negative except for 1 dude. I think I'll put in a CEF order. It's trading below NAV and that's rare.10 yr average is a +7.5% and right now it's discounted. It's been positive since 02 looks like by the chart.
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