Comment: It WAS a stupid move for that guy!

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It WAS a stupid move for that guy!

The guy who wrote the letter was a 65 year old who dumped $100,000 into silver hoping to get rich quick. That WAS a stupid move. I should know, because I have made plenty of stupid investing moves.

I would never put 100% of my assets in silver, regardless of what a bargain price it may seem like at the moment. You are wise to have some income producing assets and some savings in currency, particularly if you are 65 years old.

We all want progress, but if you're on the wrong road, progress means doing an about-turn and walking back to the right road; in that case, the man who turns back soonest is the most progressive.

-C. S. Lewis