Precious Metals New Thread 2.0

Diversifying and understanding trading cycles is what it is about....

There was no reason to own PMs in the US before 2002...

It's hard to understand but the dollar is at the end of it's cycle and PMs are starting a cycle....
That's it....
And because we have criminals in charge we have an opportunity to buy PMs below market value...
Very simple...
Houses don't go up every year, you have to understand the buying cycle.

I like PMs as PART of a plan because they are very easy to get and should have the best up side of most hard assets.

 

This thread:

 

PMs are so cheap and easy to get any budget can afford them and there is nothing to do...
Just buy, hold and sell... even Jekyell could figure it out...

not everyone knows how or can afford to buy big assets...

 

Steve can't face the facts so he just resorts to posting more nonsense to distract everyone.

 

Everyone can also spend an afternoon with a financial consultant up here, for free, and invest X dollar per month into a very diversified portfolio that can include PM's. Really it's easy to buy into anything investment wise other than physical real estate. That is pricey.

 

Just the facts,
That is 19T in debt running 1T deficit every year...
So get your rain coat ready.......

 

You stated the unemployment rate was as high as 18% and that Americans are buying overpriced vehicles out of their budget and you respond with a snapshot of the Debt Clock? Fo reals???

 

Are you stupid enough to think unemployment is at 4.5%?????????????????
Look it up yourself.....

Also look up labor participation rate...

 

I did, I also posted it, you still read English right?

 

U-6 Total unemployed 9.7%, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force.

 

Your unemployment chart is up to 2013, c'mon Stevie Wonder, you gotta TRY harder.

And that welfare chart is cute too. Thanks for posting it up!

 

Here's you labor participation rate errrrr I mean oranges, HISTORICALLY in the 60's

http://data.bls.gov/timeseries/LNS11300000

 

Unemployment Rate:

 

Labor Force Participation Rate

 

So fact the GOV is lying about the unemployment rate......

See how easy it is............

 

He pretends to debate and then just turns to nonsense.............

 

The maximum level of employment is largely determined by nonmonetary factors that affect the structure and dynamics of the job market. These factors may change over time and may not be directly measurable. As a result, the FOMC does not specify a fixed goal for maximum employment; rather, the FOMC's policy decisions must be informed by its members' assessments of the maximum level of employment, though such assessments are necessarily uncertain and subject to revision. In the FOMC's March 2016 Summary of Economic Projections, Committee participants’ estimates of the longer-run normal rate of unemployment ranged from 4.7 to 5.8 percent and had a median value of 4.8 percent.

 

That means I'm right again..................

 

Have you seen the BLS figures?