The Past 3 Months

[DMac]

In one of my usual emails to send out to friends and family 3 months ago I included an urge to buy physical metals, or at least, move IRA/Stock account money into metal related funds. Here is a brief recap of the funds I sent with corresponding past and current pricing, sent out on September 7th:

Sept 7th 2010 Dec 7th 2010
Gold $1256.75 $1432.50
Silver $19.55 $30.73
Platinum $1555.00 $1739.00
Palladium $530.00 $778.00



Symbol Sept 7th 2010 Dec 7th 2010
PHYS $11.56 $12.66
SGOL $125.05 $142.18
IAU $12.29 $13.97
SIVR $19.72 $30.50
PALL $51.80 $76.65


How many do you think listened?

:oo-->

[1970 silver art]

My guess would be zero. Nobody listened to you and the people who took the time to read what you said are making excsuses for not buying such as "It is too expensive" or "it is too 'risky" or maybe the famous excuse of "I'll wait until the price goes down".

[DMac]

My guess would be zero. Nobody listened to you and the people who took the time to read what you said are making excsuses for not buying such as "It is too expensive" or "it is too 'risky" or maybe the famous excuse of "I'll wait until the price goes down".


We have a winnar!!

"It is too expensive" is the most common response. For the shits and giggles I also include a couple folks in my cc line that do own metals. They get a kick out the "too expensive" responses.

It gets so exciting watching the prices explode upwards but damn it really sinks in when you track these price movements with dates.

[Son-of-Liberty]

you should rub it in their face
the people that didn't listen
sure it is in bad form but I get so sick of people rolling their eyes when I try and give them investment advice

:D

[osprey]

Stop giving it. Let them twist in the cold wind. I stopped trying to talk to people a while back when it was obvious they didn't want the advice.

[Glass]

I rub it in. I got sick of being polite. I write people and tell them what to do and tell them to pull their fingers out. It works a little, expecially on the preps side. The investment side I think has worked about 80% where it got everyone diversified to some degree. Not as much as me but some diversification is better than none. None of them like the end of the world stuff but everyone has re-thunked their depencies and also discovered some pleasant benefits like how simple it is growing your own food and thinking outside the box a little.

back to investments. Its a fairly private thing so I have to hope they are doing something different. I know some are and while it's not how I would do it, it does not mean they shouldn't. In fact a couple of them could be making good choices by buyimg PM collectables which are excempt from Govt claim although I don't see them as a SHTF item suggesting no ackowledgement of that possibility.

[chad]

my cousin is a financial advisor. he doesn't make fun of me any more. in fact, he doesn't bring up anything related to money anymore. this used to be 75% of what he talked about.