Recevez notre Marketbriefing
In the same category
Platinoid
Member since May 2012
163 commentaries - 1 follower
1 followers
has posted a comment on the article :
>Precious Metals in 2014  - Alasdair Macleod - Finance and Eco.
Maybe it is our generation's turn to see how a parabolic increase
in fiat money turns out.

Most parabolic indicators for trading patterns portend a crash.

Look what happened to silver and gold recently.

The dot com bubble, the US housing bubble, the bundled asset-backed
securities bubble.

has anyone here ever seen a parabolic spike end at a plateau, like
some kind of Immelmann turn?

I doubt it, but let me know. I've seen the fiat chart Alasdair presents
a number of times. How can it end well?

Obviously the chart is measuring the amount of paper that exists as currency,
so you won't see it come crashing down unless people start burning the
cash as though it was trash to heat their homes.

The crash comes not in the curve that records the amount of paper in existence,
but in the perceived value of that paper mountain cliff face.

Yes, someone, somewhere, will take a box-cutter to a pallat of shrink-wrapped-sequestered
thousand-dollar bills, and when the cash hits the streets, more box-cutters and cash
tsunamis will follow.

With silver/gold ration at 61:1, the small investor should seriously consider silver, and
even a bit of gold, to afe guard their value.

Remember, if you decide to own equal value of both metals, you will need to buy
about 61 ounces of silver for every ounce of gold you buy, and also remember, silver is
historically very undervalued vis-a-vis gold right now.

Use a dollar-cost-average disciplined program to hoard the metal.
Do not over-buy, do not buy into a parabola, do not panic and sell
if silver hits $16.

Just grind out the DCA every month. Buy the metal friends, cheaper than
budgy's cullet bone, right now.

DCA, All the Way!!!

-plat


Commented
3969 days ago
-
Send
Beginning of the headline :"Now the New Year reviving old desiresThe thoughtful Soul to Solitude retires" Rubaiyat of Omar Khayyam Yes folks, it's that time of year again; but unlike old Khayyam who reflected bucolically on the continuing availability of wine, we must turn our thoughts to the dangers and opportunities of the coming year. They are considerable and multi-faceted, but instead of being drawn into the futility of making forecasts I will only offer readers the barest of basics and focus on the corruption of cu... Read More
Reply to this comment
You must be logged in to comment an article8000 characters max.
Log in or Sign up
Top articles
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.