Originally Posted by Xizang
That sounds about right to me. Since 1992 or any other year, people have been getting cost of living raises to keep up with inflation. So why would the median family net worth be any more today than it was in 1992, after adjusting for inflation? Why pick 1992 versus 1982 or 2002?
From the thousands of shops buying Gold all over the US, I'd say there are more people selling their precious metals than buying. Only time will tell if we are the ones with all the wisdom or those that are dumping their precious metals now.
We all either hope or are convinced Silver is in for a huge gain, but reality has a nasty way of sneaking up and biting hope in the rear and we could see Silver tank back into single digit numbers, with the perfect financial catastrophe. If that were to happen, who's wisdom would be the right path? Buying now or selling now, only history will decide which course of action was the best one. I'm personally hanging onto my Silver, but that doesn't mean I'm on the right track, it just appears that way today.
I'm a proud member of Eggshellman's Liar, Shill, and bully club and a new member of the Super Jew Defense League!!!