Here we go again about how gold and silver are going to rocket...yet today, "the market" dumped both, silver down >6% today alone.
You can point to all the logic and fundamentals you want, but what's the point when a market is swung by so many who do not share in that logic, or is manipulated to ensure that the fiat price per oz never reflects real-world supply/demand dynamics? There is literally no winning at this game.
Good point about how Washington can print money but not diesel or silver. Funny timing tho silver is down almost 6% today, just shows that even real assets can take a beating in the short term. I agree with the long term argument but its definetly not a smooth ride. Meanwhile, I'm sticking with my income funds, even when my portfolio takes a hit, I still get regular distributions to help pay my bills. That's what I like about income investing!
Here we go again about how gold and silver are going to rocket...yet today, "the market" dumped both, silver down >6% today alone.
You can point to all the logic and fundamentals you want, but what's the point when a market is swung by so many who do not share in that logic, or is manipulated to ensure that the fiat price per oz never reflects real-world supply/demand dynamics? There is literally no winning at this game.
Good point about how Washington can print money but not diesel or silver. Funny timing tho silver is down almost 6% today, just shows that even real assets can take a beating in the short term. I agree with the long term argument but its definetly not a smooth ride. Meanwhile, I'm sticking with my income funds, even when my portfolio takes a hit, I still get regular distributions to help pay my bills. That's what I like about income investing!
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