Don’t Despair
Gold and silver will bounce back when inflation reasserts itself. It is axiomatic that deflation is the spawning ground for inflation, as the government doesn’t know how to fix deflation, depression or recession other than to throw money at it. The creation of all the money floating through the economy will eventually meet all the conditions for inflation.
You need to be patient, which is hard. One day you will brag about your smart buying decisions as you bought low to sell high.
By Howard Ruff
The Ruff Times
Ruf
"Rising inflation in a sea of paper currency lifts all tangible assets!"
"Persistance prevails when all else fails!"
"The moving finger writes, and having writ moves on. Nor all your piety nor wit shall lure it back to cancel (or add) half a line, nor all your tears wash out a word of it! (or add a letter to it!)" ANON Italics mine.
"It is what it is!"
Remember though: Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. Sir John Templeman
IMHO, we ain't dead yet!!
Re the ongoing debate;
1) Information is knowledge, knowledge is influence, influence is power, everything being equal. (Honesty must prevail!) ANON
2)"What can't be cured, must be endured!" Robert Burton
3)"Sometime you have to break the rules to win the game!" Bill Gates
RUF