Performance updated up to the last trading day of week in February (Asian time) - link here or click Portfolio Performance in the tool bar at the top of the page.
You seemed to have made a quantum leap of measuring your wealth with honest money rather than paper money by holding 80% in silver. :) A true contrarian in a world where advisors routinely advocates "no more than 5%" of a portfolio should be in precious metals if at all.
Anonymous - you hit the nail on the head. Even though I own some Swiss Francs and I am also contemplating weather or not I shall buy some Japanese Yen soon too, all paper currencies are going to be disaster going forward. Precious Metals, to me at least, make a lot more sense. Silver un particular is still 30% below its all time high reached in 1980. Adjust that for inflation and you'll notice that Silver is actually very very very cheap!
Awesome call on silver!
ReplyDeleteThank you.
ReplyDeleteYes good job!! Nice weekend.
ReplyDeleteYou seemed to have made a quantum leap of measuring your wealth with honest money rather than paper money by holding 80% in silver. :) A true contrarian in a world where advisors routinely advocates "no more than 5%" of a portfolio should be in precious metals if at all.
ReplyDeleteAlex - enjoy your weekend!
ReplyDeleteAnonymous - you hit the nail on the head. Even though I own some Swiss Francs and I am also contemplating weather or not I shall buy some Japanese Yen soon too, all paper currencies are going to be disaster going forward. Precious Metals, to me at least, make a lot more sense. Silver un particular is still 30% below its all time high reached in 1980. Adjust that for inflation and you'll notice that Silver is actually very very very cheap!