I wanted to have metals as felt undervalued.

WHY did you feel metals were undervalued? Obviously the market didn't agree because they stayed "undervalued" for another year and a half. Rhetorical, don't bother answering, I think I already know what you'd say.

I also bought gold but I sold that off to fund a deposit.

I feel for you because by the end of the day gold may be the last man standing at the end of this debacle.

I don't need to analyse like you as I presume it's your job too do that day to day.

It's analyze, not analyse but I get your point. If you are putting your hard earned money at risk, especially for a better future for your children, you better learn how to analyze and analyze in depth (as well as apply some critical thinking). And no, I have a degree in economics but I work in M&A, not in a bank, investment house or a hedge fund, so I don't analyze all day. It's only your perception that I do.


I had a decent return from that and that's what I did it for.

You could have had better returns elsewhere, that's the point you're still fail or refuse to understand.

Now with this thread I was just seeing what people felt were good long term investments to do for a child.

You have what you need in your hands now, hang on to it. If your financial condition is such that you can afford to also buy gold, physical not the paper kind, do it. Protect your wealth against central banker lunacy and theft. Do it for your child..........but I'd wait until the next price dip to buy. We've gone from $1,550 to $1,780 almost in a straight line so we're due for a correction.

I could of had better returns that's for sure. The vehicle I picked to invest in long term has provided an increase in the funds that's all I was looking for. How many people pick the top investment every single time? Anyone who says they do is only fooling themselves as with some many unpredictable events it would be impossible to get it right 100% of the time.
I sold the gold to fund part of a commercial property, selling it meant I could buy with no mortgage. This property was cheap but he rent is high so it will be paying for its self in 7.5 years now for me that's very good.

I don't know mate, just when I think there's some hope for you you go and post this.

Do you have any idea what has happened the last few months with a commitment from the FED for UNLIMITED printing to buy MBSs and the ECB for UNLIMITED printing to buy sovereign bonds? Do you understand what that means? Do you understand the extend that central banks including the FED, ECB, BoE, BoJ, SNB and China have conjured money out of thin air and will continue to do so? Do you have any idea of the amounts we are talking about?

Do you understand that the economy and the markets have disconnected? Do you understand that price discovery has been killed by central bank intervention? Do you understand that the price of precious metals is TOTALLY CONTROLLED by the FED through proxies? Do you understand that for PM prices to reflect the money printing that has taken place and will continue to take place (yes, for the last friggin time, THERE'S NO PLAN B) central banks must first lose control?

I don't think you do, because if you did, you wouldn't be asking silly questions about the price of silver stagnating and where it's going.

Do you understand what nominal GDP targeting is? Well you better look into it and understand it because that's what's coming next.

And the reason I say stagnated is that if everyone was buying it to hold in case your scenario occurs then the price would increase or am I wrong ther iyo

That's an interesting view, so in your opinion anything bar pm's will be near worthless. Have you sold your house and car yet?

Indulge me once more and tell me how you are protecting yourself against this impending doom.

No need to apologize mate, I've been called a lot worse on this forum.

It's in my nature to challenge conventional wisdom, probe and try and understand things below the surface. Something that has served me well in business and life in general but sometimes also gets me branded as "argumentative". I also don't suffer fools lightly (consider it a character flaw of mine) and unfortunately taking issue with some of the massive drivel I've seen posted on here over the years disguised as "financial advice",  can also be construed as being "argumentative". Last but not least, because of some prior work experience (a half a lifetime ago) in basically what amounts to the UK's "Ministry of Propaganda", I've learned never to accept events and stories promoted by government and a complicit media at face value. There's always an hidden agenda. Openly challenging those stories and positions on here also has managed to earn me the "disagreeable" label.

I am who I am. No one is forced to read my posts and there's a great feature on here called "ignore poster". So those who don't like my style or what I have to say have only themselves to blame.

I have been posting for a long time now on this forum so there's no secret how I feel about PMs. I was touting gold $1,200 ago and getting flak for it. I have been increasing the percentage of my wealth in gold bullion over the last five years to about 50pc now. This may surprise you but I'm also invested in equities (large cap with no debt load and paying nice dividends, also food producers/processors and the medical sector). Inflation expectations will drive the market higher and in the event of a complete collapse there will always be hard assets left behind in the case of large cap and the need for medicine and food will intensify not go away). Although I like PMs I definitely do not like miners for a lot of reasons but that would be a completely separate post if anyone wanted to know.

I don't consider the two properties I own an investment and they are both mortgage free. My property is London has gone up in value from it's pre crisis price as I'm fortunate enough to own in the high end of the market which has mostly been immune to the downturn - not all real estate markets behave the same way. My property in France which I bought more recently was purchased for the same price it was bought for in 2004 and will probably be worth the same (although my wife has sunk a fair bit of change renovating the place) years from now. Rural France never has never had a real estate bubble and likely never will so the prices have more or less remained flat. Besides, I don't plan to sell, I have two daughters that these properties will be passed onto. As for my cars, although all three (two here for my wife and I and one in France) are brands with high resale value, I consider them nothing more than a depreciating asset and are purely for our enjoyment.

Nice chatting you but it's time to go on discussing other things, like for example the reasons why the Spanish bank stress tests were a sham.

Don't forget dark chocolate and tampons

Sorry mate, not good enough.

You're not getting a free pass just to amuse myself anymore.

Answer the question.

What invisible hand has got you by the balls and keeps you glued to this forum?

You can sing and dance for me all you want but you still need to answer the question.

What invisible hand has got you by the balls and keeps you glued to this forum?

Answer the question or........I will answer it for you and you might not like what I have to say.



(HINT: chronic psychosis, addiction, serotonin, single, sociopath, alone, addiction, wheelchair, windmills, sickness, sociopath, 13900, addiction, aliases, sick, depression, anger, SSRIs, chronic psychosis, addiction)

No, I'm afraid not, not even close to being good enough.

Ever since you showed your face on here months ago now and despite your addiction to incessantly posting on these forums as evidenced by close to 14,000 put up by you in a very short time:

You never contribute to any financial discussions , you just don't know enough.

You never opine on anything financial, your vast ignorance would be on display.

You never debate anything financial, most of the stuff posted on here is way over your head.

You never start a thread related to finance, your knowledge is anecdotal and everyone can see that you all fluff and no substance.

And neither do the other two aliases you use on here.

Yet, you're glued here 24/7



You look for your daily serotonin fix, that you do, but that's about it.



Soooo, answer the question.

What's the invisible hand that's got you by the balls and keeps you glued to this forum?


Answer the question or I'll answer it for you and I'm sure you're not going to like what I have to say.

HINT: chronic psychosis, addiction, obsession

You are the one desperately trying to get a finger nail inserted into my ball sack so you can cling on. Have some dignity man.

More strawmen, more confused diatribe, more tilting at windmills, more......well, how shall I say.......more of the same.

Now stay there and be a good boy.