Realcent.org

Hulbert does an interesting comparison to the nasdaq bubble of the '90s but
most of us will like what he's got to say

http://www.marketwatch.com/video/asset/ ... 457899BE22

Good video. Don't worry about your metal holdings this bull is strong.

If anyone thinks this PM bull market is anywhere close to being over, they have a lot to learn. This is nothing like the tech bubble, the nasdaq bubble or the real estate bubble. This is a 'bailout' bubble and a currency crisis. Gold and silver will rule the roost for quite some time.

Cu Penny Hoarder wrote:If anyone thinks this PM bull market is anywhere close to being over, they have a lot to learn. This is nothing like the tech bubble, the nasdaq bubble or the real estate bubble. This is a 'bailout' bubble and a currency crisis. Gold and silver will rule the roost for quite some time.

I agree with you, but I don't understand why the US dollar is strenghtening now and why people are selling PM... I mean: it should be the opposite!

It is because the Euro zone is actively crashing and burning, so people run investors run into the dollar which is only smouldering at the moment. Another dose of money printing or other snafu and the flames of the dollar will resume.

balz wrote:

Cu Penny Hoarder wrote:If anyone thinks this PM bull market is anywhere close to being over, they have a lot to learn. This is nothing like the tech bubble, the nasdaq bubble or the real estate bubble. This is a 'bailout' bubble and a currency crisis. Gold and silver will rule the roost for quite some time.

I agree with you, but I don't understand why the US dollar is strenghtening now and why people are selling PM... I mean: it should be the opposite!

I used to trade quite frequently and I have trouble understanding these type of days too.

All you have to know is that fiat currency is a facade, a spectre, it's fake, phony and it's not worth the paper it's printed on.

Gold and silver are rare, tangible, intrinsic and have been money for the last 6000 years or so.

If the financial system does not implode entirely, there will be a time when we'll have to sell it and buy another undervalued asset class (ie. cash flow real estate).

Damn, just looked at silver and it's $36.60 as of this writting... what an incredible gift. Gotta get ready on the buy button.

Fiat is like the virtual assets people get in the online roll playing games. The only "winners" are the ones who exchange the virtual assets for real world assets.

The fiat game will probably end soon, and the winners will be the ones who exchanged it for real assets.

Fiat could, IMO, get a reprieve, if the PTB put an immediate halt to deficite spending. (har, har, har)

Mossy wrote:Fiat is like the virtual assets people get in the online roll playing games. The only "winners" are the ones who exchange the virtual assets for real world assets.

+1

I never thought of it that way but you are right on.

creshka46 wrote:

Mossy wrote:Fiat is like the virtual assets people get in the online roll playing games. The only "winners" are the ones who exchange the virtual assets for real world assets.

+1

I never thought of it that way but you are right on.

I like it! +100