Is Gold A Bubble... Ask Platinum/Silver

Discussion in 'Commodities Forum' started by healthandfitness, May 22, 2014.

  1. ReinbachThe3rd

    ReinbachThe3rd Active Member

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    Gold has always seemed like a risky proposition to me. Of course it's better when economies are in a downturn as others have witnessed but then that also leads to high volatility. Seems pretty easy to lose a bunch of money quickly.

    It also doesn't help that the people who tend to push gold constantly are the type of people that I am diametrically opposed to so that could be a factor.
     
  2. JR Ewing

    JR Ewing Super Moderator Staff Member

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    Been investing 20 years, have spent the last decade managing others' money, actively investing my own, etc.
     
  3. healthandfitness

    healthandfitness Well-Known Member

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    Yes... Palladium is also a good play at this time.
     
  4. PTrader

    PTrader Member

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    Really interesting discussion, I have always thought gold was the safest investment out there but this discussion makes me think twice, it certainly doesn't seem like it's going to turn a profit for people for awhile, but silver is looking pretty attractive. In fact there are a lot of people in my family who have done pretty well with silver in the past few years.
     
  5. JR Ewing

    JR Ewing Super Moderator Staff Member

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    I like 'em all in varying amounts basically.
     
  6. jondjacob

    jondjacob Well-Known Member

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    So, from this post, and I believe that it might not be a bad idea to invest in Silver. Currently, my silver investments consist of purchases of coinage only, however, I would love to diversify and actually purchase silver through other means. I don't have any gold, and because of its price, and suggestions from this board, I am likely not to bother until it comes down considerably.

    That said, I have much more faith in these commodities than I do in the USD.
     

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