2009 pf ase

Discussion in 'Bullion Investing' started by tmoneyeagles, Mar 20, 2009.

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  1. Aslanmia

    Aslanmia Active Member

    Silver only has value because we give it value. The price of silver fluxuates primarily due to industrial demand, not numismatic or jewelry demand.

    When silver starts "dying out" (which won't be happening in our lifetime) and starts getting expensive, industry will just start using a cheaper, alterative metal and the price of silver will drop as a result.
     
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  3. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    Ok.
    So they will use something like nickel
     
  4. jgreenhood

    jgreenhood Senior Member

    I certainly don't think silver is rare but when the economy gets bad people horde silver more than they horde gold.

    If you think about it on average not all but a lot of people have about an a 1/2 oz of gold.

    Umm although some people have a safe filled with gold but the price of gold is so much more volatile than silver.
     
  5. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    I keep silver more than gold... I'd rather have a ton of silver, than a little bit of gold
     
  6. smullen

    smullen Coin Hoarder

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