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Old 01-13-2008, 09:29 AM   #41
Give me a museum and I'll fill it. (Picasso)
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Here's a bit more diversification if you're of a mind...

Asia Times Online :: China News, China Business News, Taiwan and Hong Kong News and Business.

Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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Old 01-13-2008, 04:15 PM   #42
Give me a museum and I'll fill it. (Picasso)
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Originally Posted by youbet View Post
About three decades ago, I accumulated a few hundred ounces of silver in 10 oz bars. Put them in the basement with some guns and war surplus rations. What was I thinking?

I paid between $9 and $11 dollars an oz. Today it's worth about $15 an oz. Gee, I wonder if I would have been better off putting that several thousand bux into an MF?
I bought 100 oz of silver in the 1983 I think it was about $9/oz. I stored in a dresser and every once I while I'd show it to a friend. Somehow during a couple of moves the silver bar, grew wings and flew off.

The local talk radio stations has a National gold bug show. Everytime I hear his claim that "Gold has never been worth zero". I laugh because I've never had a stock go to zero (even when I had physical stock certificates) but my silver is now worth zero.

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