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George P.'s profile image
George P.'s profile image
George P.
  • Real Estate Investor
  • from Baltimore, MD
  • Member since Jul 25, 2008

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George P.'s profile image
George P.'s profile image
George P.
  • Real Estate Investor
  • from Baltimore, MD
  • Member since Jul 25, 2008
George P.
  • Real Estate Investor
  • Baltimore, MD
268
Votes |
1,493
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Off Topic

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's profile image
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Kevin Yeats
  • Lender
  • from Fort Pierce, FL
  • Member since Mar 17, 2009

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Kevin Yeats's profile image
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Kevin Yeats
  • Lender
  • from Fort Pierce, FL
  • Member since Mar 17, 2009
Kevin Yeats
  • Lender
  • Fort Pierce, FL
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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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