Message:

<p>[QUOTE=&quot;medoraman, post: 1680122, member: 26302&quot;]Inflexion, I have posted 50 times at least here how EVERY TIME PM goes down, dealers increase their premiums. It ALWAYS happens. They do this because they do not want to sell all of their silver at a low. THey also ALWAYS lower their buy prices when prices go up high. Its as sure as the sun rising in the east. Nothing new. They will only decrease premiums when they believe PM is at a new level, and probably is not going back up anytime soon. This always takes a while. Remember in 2008 when PM went down? Exact same thing happenen.</p><p><br /></p><p>Regarding paper vs PM. Lets go back to when the last time gold, silver, and paper, (yes even &quot;debt backed&quot; paper), coexisted. I believe it was from 1914 to 1933. So, did the new FRN not circulate? Do we see massive amounts of well worn gold coins and silver dollars from this time period because &quot;people refused to be suckered into using debt backed paper?&quot; Why don&#039;t you tell me what the numismatic evidence tells us?[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in