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10 years ago, gold was $400...Where will silver be 10 years from now?
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<p>[QUOTE="tekhen, post: 1762161, member: 16202"]and with that said... look at how many are in debt.</p><p>To some of your points, electricity was in its infancy and regardless of the Au standard, I believe technology would have done what it has always done without the bankers trying to control it. Technology would have found its way to the masses.</p><p> </p><p>Affordable healthcare? Insurance does not equate to healthcare, there are many who have gone bankrupt and destitute to the so called affordable healthcare. Now we have The Patient Protection and Affordable Care Act, if it was affordable, many would have healthcare and we would not need to gov't to step in.</p><p> </p><p>I will bring this back to PMs and inflation... as long as the math calls for inflation within the money supply we will continue to see an increase in PMs (not paper metals) if it is priced in fiat.</p><p>As was stated in another post, PMs in ones portfolio as a percentage is a very smart idea. Not necessarily to make more money but to hedge.</p><p>No one can predict where it will be but again, we do know inflation is added to the money supply and therefore the currency is debased each year.[/QUOTE]</p><p><br /></p>
[QUOTE="tekhen, post: 1762161, member: 16202"]and with that said... look at how many are in debt. To some of your points, electricity was in its infancy and regardless of the Au standard, I believe technology would have done what it has always done without the bankers trying to control it. Technology would have found its way to the masses. Affordable healthcare? Insurance does not equate to healthcare, there are many who have gone bankrupt and destitute to the so called affordable healthcare. Now we have The Patient Protection and Affordable Care Act, if it was affordable, many would have healthcare and we would not need to gov't to step in. I will bring this back to PMs and inflation... as long as the math calls for inflation within the money supply we will continue to see an increase in PMs (not paper metals) if it is priced in fiat. As was stated in another post, PMs in ones portfolio as a percentage is a very smart idea. Not necessarily to make more money but to hedge. No one can predict where it will be but again, we do know inflation is added to the money supply and therefore the currency is debased each year.[/QUOTE]
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