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Message Subject Gold's Next Precipitous Crash Just Days or Weeks Away
Poster Handle Punk-A$$ets
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Its a bit more than that. ALL metals are sinking. Copper, silver, Platinum. Its just a cycle. Its not dogma or any other nonsense. Once the metals bottom, they'll rise again. Even higher than before. Same with stocks. And so it goes.
 Quoting: Punk-A$$ets


yes maybe it looks like back in 1980, it needs 20+ years to start climbing again
 Quoting: Anonymous Coward 26067011


Although you could be right, no one knows for sure, I see the issues of gov't entitlements 'scaring' money into tangible metals and stocks within a just few years - at most, not decades. Of course, when this happens, many mega rich people will only want gold. This is my very reason to buy gold. I assure you it isn't dogma. It is genuine fear. Couple this incredible funding need to 'raise taxes' with worldwide gov'ts confiscation through 'bail in' and you have a perfect storm for a rise in PMs. Remember, in 1979 the 401-K was created and a year later gold crashed. That card has been played. Now, what is there except for a dying worldwide economy? I have cash. But with black swans circling in the distance, I don't really want that either.
 
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