by wolvesdad » Fri Nov 11, 2016 8:19 pm
Spencer,
I have had the EXACT same sinking gut feeling the last to days.
I don't think that the dollar will actually be stronger, but I could see that the manipulation has fooled the markets and money into thinking that it is.
I mean I could see an implosion happen at any time. I really thought we would've had something more severe already sometime in the past 10 years. But it hasn't, and that is a testimony to the strong hands of those that manipulate the market.
Fact is, for an indefinite sustained 'support' of the dollar, I have too much into PM's. I mean, it has been great, in that I have been disciplined and not wasteful with my money.
But if I had been putting my money to use, in rental property, or some other active investment over the last 10 years, I would be in much better shape right now.
I wish I could, but I am too paranoid, to go ALL OUT of PMs.
Though, again, my gut feeling is that they will under perform over the next 4 years.
Good insurance? Yes. But insurance is expensive!!!