but still good if you own in the right area and have no mortgage
Cool...but what about the majority of peeps mortgaged to the hilt in AKL for sheet boxes they paid top dollar for..?
There's only way for interest rates from here and that's up, which won't do much for precious metals
If interest rates increase too much from here...many will be under water that are leveraged to the hilt...including govt debt for a number of countries. Will be interesting to watch...but personally have no net debt. US rate increases have been a token amount to give a little leeway before the next "official" crisis imo...and gold has been doing well in this environment.
Any big money been made on that bullion you own?
Haven't made a motza yet with the phys...but not really the point...more about this % of my portfolio protecting/hedging other assets I hold...in a number of different scenarios as far as I'm concerned. Making hay while the sun still shines elsewhere...until it doesn't.
Hope your sheep are making you good coin...coz many of your other "calls" here have been atrocious to say the least...
GL
silver investment: The Lowest Risk, Highest Return Potential, page-273
Add to My Watchlist
What is My Watchlist?

