gold and silver certainly feel as if the prices controlled, even as occasionally off-control
the blessing being that gold / silver savers, and there are many, benefit by such pricing stabilisation
there are enough metal savers, especially in asia
course there are also paper-pm savers, for many banks in hk and enough in china, feature paper-metals (gold, silver, platinum, exchanged in london, new york and hong kong) accounts as part of checking / saving / equity wrap accounts
gold only needs to be correctly priced once every life time, and if not, just pass on the pile to the next generation. it is not as if the insurance value is worthless.
am not a bug, but do save / set-aside / deep-keep 15.75% in physical, that which i cannot conveniently tee-up for wager, put in harm's way or otherwise squander
trade paper either for currency-swing reasons or just wagering, to turn any profit into physical
i treat / consider pm miners differently - they are stocks of operating companies, etc etc, and not gold bars. |
