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Im sure he did, especially if he sold most of his assets before November of 2007. Prices are inflated and with another injection coming, the IMF stepping in is soon to follow.
What prices are inflated? Silver? Yes, there may be a correction, but Silver is a hedge against the collapse of the dollar. It is not actually an investment, but real wealth. I am locking in my wealth. I don't waste my time trying to time the market, I got better things to do. The general trend is silver is on the upswing, I will not begin to re-evaluate my position till it runs over $50 oz. My return on Silver as a hedge has been over 60% this year
Hey there, what I am talking about is not buying stock silver. I am talking about owning junior mining companies.
For instance, in '76-'80 there were many mining companies went from half a dollar or even pennies to 100$ + . That's not a joke or a lie either.
It's my opinion that in the next few years, people that end up owning great, undervalued junior mining companies will make small fortunes if they put just a small part of their portfolio in junior mining companies.
Silver is money, it may act like an investment till it gets back to it's true historical value. Silver stocks traditional make their run after the price goes up because of new silver exploration. My problem with stocks is government seizure and lack of liquidity. These are not typical times, but a time of transition to a different economic situation. So, I am inclined with having my loot in my hand at this point to avoid someone stealing my wealth behind my back from me.
Silver's value rises and falls with the market. Look at its charts, honestly in my opinion the real truth to the precious medal scare is that if mob rule hits people we trade it amongst themselves. That's the only real value I see in silver or gold. I'm not to worry about the globalist smoking us out in poverty. I wish they would just get it over with allready, I want to wake up and finally see them attempt to disolve the worlds into their grasp.
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But hey! You invest in Stock silver and i will buy the physical form/THE REAL DEAL IN MY HANDS!!
And when the Economy completely flips on its back, you will be left with dust....and i will be owning physical assets:-)
By the way......Look at the safe behind dude in the video!.....Do you think he's not holding silver in the physical form?
PLEASE ALL RICH PEOPLE PUT YOUR MONEY INTO THE STOCKS!
For instance, in '76-'80 there were many mining companies went from half a dollar or even pennies to 100$ + . That's not a joke or a lie either.
It's my opinion that in the next few years, people that end up owning great, undervalued junior mining companies will make small fortunes if they put just a small part of their portfolio in junior mining companies.
But hey! You invest in Stock silver and i will buy the physical form/THE REAL DEAL IN MY HANDS!!
And when the Economy completely flips on its back, you will be left with dust....and i will be owning physical assets:-)