F@#K Gold and Silver, it's been used for 5000 years, it is passé, time to move on. I just read an article about "Junk Bonds". These suckers are paying up to 22% interest! No S$%T. I am going to put all my money into these babies. Only 37 of these companies have defaulted on their bonds this year, but they rated by the S&P! Which is good I think? If Janet Baby Yellen raises rates these bonds are going to the moon. They will go harder than a bull with a hundred cows on heat. Looks like oil companies are a great investment. Man what could go wrong?
Just one question if on the off chance these companies go belly up, do a Titanic, flop like Water World, do an Enron and run off with the money, collapse faster than Lehman Brothers, die of the clap like Al Capone will I be able to get my principle back?
I feel sorry for you poor suckers hanging on to your worthless anachronistic gold. http://wolfstreet.com/2016/04/17/junk-bond-miracle-rally-is-doomed-moodys/
Being Sunday I thought this may be appropriate
BDR Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held
