Replies to post #20963 on ***Precious Metals Investors Club***

[Stinky_pinky]

I sold my paper PM assets WC, but I'm still as bullish as ever for the physical stuff. All the information we are FED (forgive the pun) is contrived to mislead us and take us down the path of financial loss. That's why I'm going to start stacking towards retirement now. Every paycheck I purchase a silver dollar or two...How can one resist this at today's prices. Sure beats the stock market! S~P

[Stinky_pinky]

I wouldn't buy gold with my worst enemy's money.

http://finance.yahoo.com/news/wouldnt-buy-gold-worst-enemys-015925483.html

While I hear you with regard to the lack of inflation being a BIG negative indicator for the price of gold (the ultimate hedge against inflation). I would like to point out that the lion's share of QE money has been redeposited back into the FED instead of flowing to Main Street. In this regard, QE was/is nothing more than a subsidy for the recipients of these QE funds. If interest rates rise (and they can't get any lower) look for money to come out of the FED and inflation (in the non-classical sense) to rear it's ugly head with a vengeance... Yes I do think we will return to the days of wheelbarrows of cash for a loaf of bread kind of inflation.

While I don't wish to be accused of fear mongering, so I'll drop this topic of discussion. I would like to encourage all PMICers to protect some of their wealth and stash some hard assets away...if possible. You can be sure I will. Merry Christmas everyone! S~P

[lifter]

This is what I have been doing in 13, shorting gold/gold miners locking profits along way and will begin to nibble on physical just to offset the pile of cash shorting has bestowed me