RE:Depression and value investing Thanks for your story goldpoet. I fear the global economic conditions. The scrapping that happens between global powers. More terrifying is the power central banks have within all societies around the world. The one percenters seem to get all the breaks in the finacial markets. Look how Yellon jerked the price of gold with interest rate threats. Who got the information first were the winners. Those that held the course with gold had risk to deal with. Stop and look who owns the physical gold...The 1 %ers are in possession of most all gold. We small folks hear things like gold does not count for much and the bluff continues for a while longer. The printing presses roll diluting paper money. Government debt grows...our debt to pay back some day?
I risk my little bit of house equity for personal future improvements. I have been blessed with some finacial guidance that helps me struggle with my risk....reward potential. I too have increased my shares in Avnel Gold. I did as much homework as I could and satisfied myself it's a very good bet. Good luck as a long.