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Old 09-18-2008, 12:42 PM   #23
sky
Avalon Senior Member
 
Join Date: Sep 2008
Location: Amsterdam, Munich
Posts: 10
Default Re: Gold & Silver Q & A

Hi Zynox,

Great idea! Thanks a lot for starting this thread and offering to answer questions. It indeed also relieves Michael St Clair well for this particular topic.

I am also a goldbug and following the developments closely since about a year. It's been an emotional rollercoaster also though with spot prices going up and down, althought rationally I know, one '"shouldn't" only look at it this way..
Yesterday I received Mahendra"s (financial astrologer) newsletter and he is predicting metals might loose up to 50% of their value from here! Hard to believe, but often he is been right in the long term. Do you know him?

I also want to keep some cash for now and am considering to exchange part of the euros in CHF, because I believe there might also come a meltdown of the euro. What is your opinion on the CHF, might that be a good choice also?

Namaste,
Sky
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