Like silver?

[Seraphim]

To the bolded:

Remain patient. Remonetization via commercial banking will occur. If you are on the front 9 of your life, you will see it younger than you think.

Do not lend out your metal until the systemic shift has already occured.

How do you hold these kinds of things in your 401k?

My company's 401K just gives me a list of mutual funds I'm able to own.

Kinda off topic but you seem like you may know the answer to this kind of thing...is there any way to "lend" gold or silver? I have a decent amount of silver and gold bullion sitting around, would be nice to collect some interest on them if it were possible. I'm assuming its not but I can't figure out why.

 

[Bossobass]

Zip,

The chart you posted references 40 years, not 20. Referencing "the last 20 years", silver's up 30% over the average. If one expects a settling to the mentioned so-called historical average of 37:1, you have a 50% upside potential from where the ratio stands today.

Also, referencing silver to USD (or, IOW, believing that "the price of silver is too low") has nothing to do with the average G:S ratio and everything to do with the devaluation of the USD.

Since the USD has been grossly devalued and the actual amount of devaluation obscured, the "price" can be, and most certainly is being manipulated.

Ron has said that the USD has lost 96% of it's value. That would put the price of silver today at around $32, so, if Ron is right, it's gold that's priced too high and silver has preserved the value of your USD. But, Ron offered that assessment 5 years ago. If gold is correctly valued against the USD, then the USD has lost 98.7% of its value (is now worth less than a penny and a half) and it's silver that's too low being actually worth $85 against the USD.

So, it would be helpful to know what todays USD is worth vs the 1913 USD when any of these "price of silver" discussions go off course into historical ratios, commodity use, economic conditions, supply-demand, mental states, mining production, etc. discussions.

Since I believe PMs have been manipulated against the USD since 1980 or so, I tend not to think that gold is overpriced and silver is correctly valued against the USD.

 

[Adrock]

What I am mostly afraid of is that what goes up must come down. The historical graphs I see remind me too much of the past bubbles we have had in housing, dot com, etc. If DC ever gets serious about balancing the budget or the FED raises interest rates to combat inflation, whoever is holding precious metals is going to take a bath.

I saw this over at DP. This is what I am afraid of. At this point even talk of tightening monetary policy causes gold and silver to tumble 1-2%.

LINK

 

[cubical]

I saw this over at DP. This is what I am afraid of. At this point even talk of tightening monetary policy causes gold and silver to tumble 1-2%.

LINK

It is just talk. If they stop buying our country will implode under its debt. Consider it all a buying opportunity.

 

[Seraphim]

Yes, exactly this.

It's QEtillwedrop.

If the Fed ends QE it will bankrupt the Government by rendering it EXPLICITLY insolvent. The Govt is the institution that explicitly backs the pillage by the big banks. These banks REQUIRE the government backstop to continue their ponzi scheme. If the Govt goes down, so do they.

It is just talk. If they stop buying our country will implode under its debt. Consider it all a buying opportunity.