Am so stupid. Put 50% of my money into GDX at 19.8, held for months, then sold at 23, even though was sure it would run to 25.
Now it will run to 31 or higher. Gold/silver ratio at historic highs, which has always been just before they both run a lot higher, but silver outshines.
Only thing I did smart was buy $15k of silver dollar coins a few months ago when silver was at $14.4 from a friend, at same price she would be able to sell them, a lot less than what I would have been able to buy them at. Good for her as she needed money to buy a house, and I needed to park some of my savings in something more secure than that bank. I now own $30k of silver (half from 1964, when I got them for $1) and $20k of gold. Canadian gold, us silver dollars.
No, don't buy coins, buy GDX, but some real value will be nice if the greed heads destroy the world, which I think they will. The primary reason I am pessimistic is historically, there are one out of 10,000 people who do whatever it takes for them to have as much wealth as possible, and the rest of us suffer for it.
