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RE: PM Prices Starting to Rise

in #steemsilvergold6 years ago

I was a buyer in the last run up that watched Silver touch nearly $50 and come all the way down. I do see PMs as a chaos hedge but you have to pray for world chaos to make serious money. I am left with giving it its 5% of net worth and forgiving it for never sending me any income.

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I'm sorry that you didn't get the returns you were hoping for. From what I hear and read, there's a lot of manipulation that's causing the prices to be so low. If silver were to be at its true level, they worry that people would see that as a sign of a weak economy... which is really is.

Hopefully you're able to get a good return on your money at some point. Things are going closer and closer to chaos, so even if that's what's required, I wouldn't bet against silver having big gains soon. Just my opinion though.

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