CR-RE" ..."you could live to regret it"...and that is why we have been insisting on GOLD and SILVER for 10 years! As in
Got Gold??
What's in your Wallet?
How much GOLD and Silver do you have...ANY??
The dollar has depreciated 80% against gold in the last 10 years and the SnP has depreciated more than 80% against real monetary wealth...an oz of gold in the last 10 yrs.
Why have we not been able to convince _____ after trying hard 2 or 3 X per year since ____ were still middle aged?
It's incredible...
Of everyone we buttonholed in 2001 [and it was a lot as we tend to sell with religious zeal when convinced] and said Gold/Silver would be the next big secular bull market and more than that....We gave very good reasons why every single time as we repeated it twice per year, every year in the last 10
Of Everyone we tried to coinvince. One bought years later in enough size to make a difference and another finally bought a smaller amount.
That's it...everyone else is still waiting to be convinced.
Drives us nutz...
And is one reason why golds secular bull market is not over. Finally, after 10 years, the public and investment managers are aware of and talking about it. BUT, not many have bought. [Take what's in GLD etf and $ it out and compare it to how much is in AAPL, GOOG, XOM for perspective on just how little is in the entire asset class of gold let alone silver]
That will change as it always does before a final parabolic top.
Everyone seems to get all hot that final year...and they see short term profits, feel like a genius, then get left holding a very big bag.
Ask those who bought the top 1980...They need $2,400 inflation adjusted to break even.
Fabian