Long Position on Silver and Gold?

[roberth]

I don't know, I don't do paper.

If I did I'd probably start watching for an announcement of the next round of QE (hint - look for an end date of Japan/EU QE because those 2 are running right now), examine my portfolio performance from 2007 - current, figure out the individual stocks in my various mutual funds and chart their performance. Then I'd try to find a few stable mutual funds that carried most of the good performing stocks and swing my 401K into those. It will be a boatload of work and it might payoff.

OTOH, in a few years when the government changes the 401K from tax-deferred to taxable and then takes their whack immediately all your hard work researching will have been wasted, once FedGov takes the first whack they'll be back for more, just like a heroin addict, and they'll drain your accounts and you'll have nothing in the end.

http://www.usdebtclock.org/

http://www.bloombergview.com/quickta...es-qe-quandary - article uploaded on June 18, 2015

It’s the new conventional wisdom: When all else fails to make economies grow, create new money and buy government bonds. That’s the formula dubbed quantitative easing, or QE.