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<p>[QUOTE="jolumoga, post: 1646066, member: 41780"]Hey man, it's cool that you did not jump at me over my opposing view. I am personally all-in with precious metals due to my philosophical belief, recently cultivated, that precious metals are real money (I know, people like me will get heat in this forum). But let me emphasize I am much younger than the average poster here and therefore can afford to take more risks, and have experience with internet stocks, so my gut feeling tells me at some point this thing will launch. If it does not, well, again, my view is that gold and silver are money, or at least a store of value. While silver may drop below $30, I am not feeling one bit of anxiety. I just know, based on its fundamentals and the state of the global economy, that silver has a floor not too far down, if it indeed drops in price. Like any volatile asset, silver will work its way up again anyway. So no big deal. Also, and this is key, stacking silver encourages me to save. Very few Americans save.</p><p><br /></p><p>I also believe, with the growth of emerging Asian economies, that precious metals will play a major role in the global economy, given the value Asians place toward precious metals.[/QUOTE]</p><p><br /></p>
[QUOTE="jolumoga, post: 1646066, member: 41780"]Hey man, it's cool that you did not jump at me over my opposing view. I am personally all-in with precious metals due to my philosophical belief, recently cultivated, that precious metals are real money (I know, people like me will get heat in this forum). But let me emphasize I am much younger than the average poster here and therefore can afford to take more risks, and have experience with internet stocks, so my gut feeling tells me at some point this thing will launch. If it does not, well, again, my view is that gold and silver are money, or at least a store of value. While silver may drop below $30, I am not feeling one bit of anxiety. I just know, based on its fundamentals and the state of the global economy, that silver has a floor not too far down, if it indeed drops in price. Like any volatile asset, silver will work its way up again anyway. So no big deal. Also, and this is key, stacking silver encourages me to save. Very few Americans save. I also believe, with the growth of emerging Asian economies, that precious metals will play a major role in the global economy, given the value Asians place toward precious metals.[/QUOTE]
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