I was being both serious and a bit tongue-in-cheek andri...
Often my purchase of any stock or commodity seems to result in an immediate drop in price (and my sells have an opposite effect) - I consider myself a strong short term inverse indicator (over hours and days)!!
By long I mean indefinitely. I am very pessimistic about markets and the world economy in general over the next few months and years and I am convinced that (although nothing is ever a sure thing) holding physical gold and silver is the best hedge available to me against potential major losses in all other asset classes (including cash)
I hope that it never becomes necessary to touch the bullion reserves I have now got in place because if I do have to sell them then that probably means that the world has become a dangerous and suffering place and many people will be in desperate situations
In some ways I hope I am wrong (and even carry a paper loss on all this bullion) and that everything will be OK (I will still make money on the regular market and through my usual occupation) because then the world will be a good place for my kids (they are getting along fine and will therefore continue to do so), future grandkids (lots I hope!) etc and everyone else
On the plus side, my holdings now are both an insurance policy but also (under various scenarios) a potentially life-changing investment for myself and my family.
Even if we don't hit financial and economic Armageddon I believe that Gold (and even moreso Silver) will still outperform other assets by a big margin. It seems a no-brainer to me and I'm glad I'm now set before everyone else out there amongst the sheeple catches on
sasa
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Last
9.3¢ |
Change
0.001(1.09%) |
Mkt cap ! $140.2M |
Open | High | Low | Value | Volume |
9.2¢ | 9.5¢ | 9.2¢ | $390.8K | 4.193M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 402405 | 9.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.3¢ | 85754 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 402405 | 0.092 |
7 | 505674 | 0.091 |
20 | 729179 | 0.090 |
9 | 544774 | 0.089 |
10 | 241540 | 0.088 |
Price($) | Vol. | No. |
---|---|---|
0.093 | 85754 | 1 |
0.094 | 391918 | 4 |
0.095 | 482887 | 3 |
0.096 | 431308 | 5 |
0.097 | 166911 | 4 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
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