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<p>[QUOTE="medoraman, post: 1351680, member: 26302"]While I liked your table Fatima and appreciated you putting it together, I do not think it proves why we are talking about gold, nor prove that silver is not also a store of value, as is platinum and a few other metals. I think it shows each metal has its own market and can behave differently, but I am still sticking to my belief that long term there will be a relationship between oil and all PM, since incremental mining is dependent on the number. Like I said, I view PM in this light as "condensed oil" that is easy to store. Will ratios vary over time? Yeah, but that makes more of a case to hold a varied basket of metals more than proves one is superior. I would fully expect in an economic recovery, (and it will happen), for platinum to outperform gold in that period.</p><p><br /></p><p>Its like the Spanish Inquisition, no one ever EXPECTS an economic recovery until it happens. I like to be a contrarian, so I have been preparing for a recovery for a couple of years. When times are good is when I like to prepare for a downturn. More money can be made riding bulls or bears, but I have never been very good at that timing, and simply prefer to place my bets on my 5 year view and let it ride.</p><p><br /></p><p>Not trying to make anyone else believe me, but its my thoughts.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1351680, member: 26302"]While I liked your table Fatima and appreciated you putting it together, I do not think it proves why we are talking about gold, nor prove that silver is not also a store of value, as is platinum and a few other metals. I think it shows each metal has its own market and can behave differently, but I am still sticking to my belief that long term there will be a relationship between oil and all PM, since incremental mining is dependent on the number. Like I said, I view PM in this light as "condensed oil" that is easy to store. Will ratios vary over time? Yeah, but that makes more of a case to hold a varied basket of metals more than proves one is superior. I would fully expect in an economic recovery, (and it will happen), for platinum to outperform gold in that period. Its like the Spanish Inquisition, no one ever EXPECTS an economic recovery until it happens. I like to be a contrarian, so I have been preparing for a recovery for a couple of years. When times are good is when I like to prepare for a downturn. More money can be made riding bulls or bears, but I have never been very good at that timing, and simply prefer to place my bets on my 5 year view and let it ride. Not trying to make anyone else believe me, but its my thoughts.[/QUOTE]
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