Quote:
Originally Posted by twofingerted
Lol I know. I can't believe these guys are actually buying this stuff (gold and silver). It is impossible to value and is only worth what people are willing to pay for it. It doesn't even yield anything. It just sits; like a rock.
LOLOLOLOLOLOLOLOLOLOLOL TARDS GOT IT COMING!!!!!!
Even though I'm a fan of PMs, these prices amaze me & this pace certainly feels unsustainable.
But if you've got cash, aren't educated/experienced enough to invest in stocks, don't have the time or desire to manage rental real estate, where else do you put $$??
Gold definitely may correct, but with what's occurred over the last few years in our monetary/debt situation, and QE3 looming, I simply cannot imagine a scenario where the U.S. dollar does not depreciate.
And cash does not yield anything, and it just sits there like a rock.