I've already seen rumors of PM's that are going to go thru the roof in 2017. I hope it does soon so I can dump my stack of AG and maybe copper.
Printable View
I've already seen rumors of PM's that are going to go thru the roof in 2017. I hope it does soon so I can dump my stack of AG and maybe copper.
Where are these rumors?
PMs are a good hedge against a falling dollar. Stocks go up, precious metals go down. The stock market is on fire right now.
A new administration with a republican house and Senate will be small business friendly and will foster a strong economy and a strong dollar.
If the Fed adjusts the rates, it wil be a minor and past due correction and will not markedly stifle growth.
Having a balanced portfolio including metals is a great idea. Hanging your hat on wild speculation and click-bait headlines isnt.
TO THE MOON!
Drove 340 miles round trip to go to the Fargo, ND coin show (80 tables-?). I was amazed at bulk silver prices. Silver closed Friday at $17.15. Common silver rounds were selling for $18.....just 5% over spot. The ones I purchased were in the design of the Morgan dollar. I emptied my wallet in purchasing some, had enough gas to get back home, and now I will have to eat beans until payday a week away. Keep on stacking!
I wish it was like that here. Local shop is asking $25 for the same.
Don't pay too much. Morgan design and private mint rounds, today 17.89 ea.
https://comparesilverprices.com/