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Updated almost 4 years ago on . Most recent reply

George P.'s profile image
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George P.
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  • from Baltimore, Maryland
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George P.
  • Real Estate Investor
  • from Baltimore, Maryland
  • Member since Jul 25, 2008
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George P.
  • Real Estate Investor
  • Baltimore, MD
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Gold and Silver - next bubble(s)?

George P.
  • Real Estate Investor
  • Baltimore, MD
Posted

With lots of people preaching gold (and silver), I can't help but wonder that gold maybe as well be the next bubble.

Any thoughts?

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Kevin Yeats
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  • from Fort Pierce, Florida
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Kevin Yeats
  • Lender
  • Fort Pierce, FL
Replied

Just a mathematical response:

The US has about a $14 TRillion dollar economy. $14 Tr divided by 365 days equals about $38.4 Billion per day.

My $0.02

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