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Message:: [QUOTE="tekhen, post: 1755974, member: 16202"]to answer all... actually no, I do not think PMs will go down. There is added cost in PMs (mining, purity, minting, etc) Inflation is calculated into fiat that is not tangible. Look at the price of PMs since '65 and '71. Slowly but surely they have risen vs. the dollar, not gone down.Take paper PMs out of the equation and I believe we would see a greater increase.Look at PMs as a quasi commodity and the value of the dollar since it being changed to a FRN in 1913. Yes, I do know that. When silver became more than the fixed price of the coin, what happened? Clad coinage under LBJ. Look at the copper cent and todays nickel. When FDR confiscated Au, what happened? Gold went from $20 to $35 and with the Nixon Shock, the gold was worth more than the fiat and countries went on a shopping spree. Money could not be spent as freely, with the 'gold standard' there where limitations when PMs where money. Once removed govt's have spent/borrowed at will.[/QUOTE]