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re: Gold price forecast....

Posted on 2/4/16 at 10:18 pm to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10233 posts
Posted on 2/4/16 at 10:18 pm to
I'm a silver believer. Not to the extent where it's the majority of assets I own, but out of the 10%ish that I have in physical precious metals, the vast majority is silver.

Industrial uses. Supply demand stuff.

I could be over 10% pm's right now, because I have been buying silver.

But I'm willing to wait 10 years if I need to, and unlike a lot of people that take possession of pm's, I do sell them when the price justifies it.

So I own it, and I stack it, but I'm not married to it, and have no regrets about selling part of it at a gain.

I've considered palladium and the other exotic stuff as well, I've just never pulled the trigger on anything except gold and silver. And I don't own much gold. Very little actually.

But, but, but... I own all asset classes. So that includes precious metals. Also includes real estate, bonds, preferred shares, and cash. I try to be balanced. Doesn't mean I own equal percentages of every assets class, but there's not too many I don't own. Some pretty conservative and boring.
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