Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (22253)	7/28/2011 12:12:41 AM
From: robert b furman	5 Recommendations Read Replies (4) \| Respond to of 220625

GZ, You have a way of asking the toughest questions.LOL Let's be clear,I think gold and silver as a substitute to a reserve currency is a loser wrap. It pays no dividend,you can not eat it - it is a commodity. The higher the price goes - the more of it will be recycled or mined. That will end in a bubble - at some price? Now ,if the emerging world prospers,in a world of no or little social safety nets - then it (PM), serves a purpose beyond a soveriegn nations currency,as a form of international currency. Thus it is just simple supply and demand. If that is what is going on - I'm very OK with that. I just have a hang up on not liking that investment from the fear mongering aspect. If every thing goes to hell - I want 10 acres and bullets. I have those - enough is enough - you and Jan are always welcome- seriously!!. That leaves us with markets to speculate in. I want ownership of companies that gives me a piece of their future cash flow. If my company's have a product that will have demand into the future - I'm happy with my ownership. People with vastly more money,power, and influence can scare me,make me proud,and make me rich - I give a crap.Although I surely have a preferewnce.LOL I'm investing in the long term and the worst that happens, is I must be patient.As you said long ago (and to a lesser degree now - I sense) patience is a virtue. My world has more need for food and more desire for chips,as new major emerging markets bring the masses to a world that experinces/craves that which we have taken for granted for many years. They just want to have and be like us. It is the ultimate complement and I'm confident enough to enjoy that. But one must be on the right side of the demand events i.e. AAPL. I rest my case. Your thread which has morphed from S&P to gold and silver speculation is so busy - it is hard to read all of your posts. I scan it more than study it these days. Success has such a price - eh? I think our problems in USA go well beyond speculation of commodity markets - the fiber of who we are is in need of being reactivated IMO. It is an exciting time - with or with out the price of gold/silver hitting new highs. Ask the Hunt brothers - it wasn't worth betting the farm on. There is big money at work here - it usually ends badly for the little guy. To you it is not a problem - you are the most nimble guy I know - it is the rest of the mortals that will get killed. I'm not buying in - but then I missed the dot.com bomb too.LOL Bob