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Old 10-01-2025, 11:48 AM
steve B steve B is offline
Steve Birmingham
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Join Date: Sep 2009
Location: eastern Mass.
Posts: 8,445
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all the different types have their place. I'm more comfortable with physical objects, mostly because I'm old and also partly because I have doubts our current all electronic systems will survive a Carrington level event.

One paper I wrote for college economics was about making money on metals mostly gold and silver. nearly everyone at the time went from weekly published prices that lagged the actual markets. That lag was often longer for actual collectibles. So a silver or gold coin that was essentially an ounce could still be had at last weeks price a week later or more. Likewise, there was a corresponding lag when the price went down. so if you bought at 20 and it went up to 30 you got a heads up when it headed back down

Many electronic funds do similar trading, but more complex and MUCH faster, Taking and selling huge positions in a stock in milliseconds. (from a friend who ran computers in the financial industry) He thought day traders were set up to loose in the long run because they were never fast enough to compete.

To me metals are a mid term investment, not a buy today sell tomorrow, and not a hold for 20 years thing but a few months, maybe a year.
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