12-02-2009, 12:34 AM
Diggles Wrote:I read an article that says the normal ratio of silver's worth to gold, that silver is very undervalued right now and expected to go up since gold has maxed out.
Anyone else?
I don't know, but I would never invest more then 5% of my net worth in gold or silver. I couldn't sleep at night knowing that, any day, someone could discover a big mine somewhere and devalue your investment over night. At least when investing in good solid business with long term competitive advantages, you know that you won't wake up tomorrow to hear news about a new soda company that overtakes coke in 1 day.
"Hamilton is really a Colossus to the anti republican party. Without numbers he is an host within himself. They have got themselves into a defile where they might be finished but too much security on the republican part will give time to his talents and indefatigableness to extricate them. We have had only middling performances to oppose to him. In truth when he comes forward there is nobody but yourself who can meet him. His adversaries having begun the attack he has the advantage of answering them and remains unanswered himself. For God's sake take up your pen and give a fundamental reply to Curtius and Camillas" - Thomas Jefferson to James Madison