Yeah, buy some gold and silver from the most reputable dealers, or from people you trust. I’d build up some physical coins in your possession before investing, unless it’s money tied up in retirement funds then you could invest it. GDX, GDXJ, SILJ, these mining ETFs are a great way to get great...
So I thought the debt ceiling deal would be negative gold since it’s risk off, but it seems like the market took it as a green light to spend more and print more.
Also, gold might have just made a higher low, at $1950 instead of $1880-1900. We’ll see in the coming weeks. Fingers crossed.
I also wonder if my kids would make any of the athletic teams. [laugh] Seems like the school is stacked with athletes. I’m sticking to soccer, swimming and basketball, no lacrosse, baseball, hockey etc.
Thanks, I went to an all boys school from 7-12 also. I definitely got a great education, and I can’t imagine being an 8th grade boy sitting next to today’s girls the way they dress and behave. [laugh]
I’m not from Mass so it took me a while to figure out what people meant by “the Prep”. I mean there’s like 200 prep schools in Mass. [laugh]
We’re thinking of sending our kids there, just not sure about the all boys thing.
3rd test of all time high seems to always fail.
Gold will probably retest $1900 on debt ceiling deal but if they are late with the deal that could drive gold to new highs.