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cranberryDog46

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Posts posted by cranberryDog46

  1. We've been over this ground (trading versus Buy&Hold) loads of times.

    Sadly, I now see B&H folk who are underwater on the average price of their holdings of Silver,

    and even on gold.

     

    If you think "that is fine, because they can hold it for the long term", then I really have nothing to say,

    since you will probably be right in the long term. But you know what Keynes said about the long term...

     

    If we have monetary deflation (the leverage is removed from the system) then I guess the price of Gold and Silver has to go down along with everything else.

     

    The question would be how much do they go down with respect to other assets and comsumables.

     

    As far as Buy and Hold verus trading goes I would love to be able to do this to protect my profits and then reinvest once the price has fallen unfortunately I don't have a crystal ball.

     

    Also I know it's been covered 1000 times on here before but why assume we won't have hyperinflation and the currency be printed to destruction, surely that's the pattern of history, why will it be different this time, because the dollar is the global reserve?

  2. Just bought my first Silver coin, it's a 1oz Silver Eagle and looks absolutely beautiful.

     

    I do have a question though the picture on the front is of an eagle and the picture on the back is of a lady.

     

    What seems unusual is that they are upside down with respect to each other, the eagles had is opposite the lady's feet and the lady's head is opposite the eagles tail.

     

    Is this normal?

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