holy smoly!
anyone else wanting to vom? my silver is getting pounded!
stocks market = crashing
commodities and PMs = crashing
paper currency = turning into toilet paper and any currency that isn't turning into toilet paper has already risen a lot in value in the past year or two
property = presumably will go down if everything else goes down?
i think im going to start selling and put the money into a london property fund if i can find one until i put down a deposit for a house, ive just lost about 4 months earnings in 2 days on the silver price (though it's all gains fortunately, averaged in at $20 or so i think) which is not good
edit: i have around 1/3rd net worth in silver+gold, 1/3rd in shares and 1/3rd in cash (some CHF and GBP), is this too volatile given the amount i can save each year is about 1/20th th of my net worth, meaning a 5% swing in this portfolio and i wipe out my savings for the year, or is it just a case of ignoring the swings? and also thinking that a 5% swing up means i double my earnings
Last edited by john kane; 09-23-2011 at 09:12 AM.