(11-20-2019, 12:33 PM)mikesez Wrote:

(11-20-2019, 08:59 AM)StroudCrowd1 Wrote: Eh, we can keep printing money. No big deal. Just make sure you diversify and invest in precious metals.

I'm certain that an intellectual luminary like you was offering this same sage and sanguine advice from January 2009 to January 2017.

Gold should not be looked at as a traditional investment but as insurance for when the rest of your portfolio is confiscated or rendered worthless. 

If you do wish to play metals as an investment you would not go on price alone but should look at other ratios like gold-to-DOW or gold-to-silver.  For instance, the gold-to-silver price is historically very high right now in favor of gold, meaning you should accumulate silver or sell gold to buy silver.  If you trade the ratio you can increase the amount of metal you own without spending any additional money.

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