So, here's the story... in a nutshell... I can give more details if required if I wanted, but it would take a request... or me getting bored... to write the detailed reasoning....
long story short, we are in a currency war with China, and unfortunetely, we are in a race with europe as well because we decided to compete with them before...
We overleveraged because they were leveraged, and they overleveraged because we did. We backed securities by implicit government backing (Thank you President Clinton, and subsiquently President Bush) for Fing that one.
so Now, China, having purchased Trillions in debt, they needed to manage how much to take a loss, and now we are in a passive battle to reduce losses from the stupidity the finance markets have been in...
Now, LUCKILY, China seems to be willing to take a loss overall... it probably will end up being a 50% loss, or roughly 50-75% of their GDP, but it is clearly happening over a long period of time....
FYI, the alternate was China saying no, and the trade war being worse then just a trade war (think red)....
So Now... you ask, how much do I (ME, Demosthenes) own in gold/silver/platinum... lets seeeeeeeee
I have invested... 11.5% Silver, 5% Gold, and 10% Platinum....from my entire investments....
how much should YOU invest?...
your call, but, still... you ask, will I invest more. I would if I had more cash.....
so....... I'd have 10% gold, 15% platinum, and 25% silver....
what!?!?!? that is 50% of your investments...this is me putting my money where my mouth is.
ANYWAYS.... I'm tired, so... buy silver.
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