Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
A Silver Shortage is rearing it's ugly head
>
Reply to Thread
Message:
<p>[QUOTE="medoraman, post: 1123742, member: 26302"]I have never understood the logic of people investing in PM for doomsday scenarios. PM investment makes sense as a hedge to inflation or devaluation of your currency. If a doomsday scenario, who the heck wants an ounce of silver or gold? What value are they? PM's are only valuable in a society that can produce finer things for people to enjoy. In wars PM's, diamonds, etc are only valuable if you hope to escape a non warring area. If its a doomsday scenario, there is no place to escape to, so to me PM's would be dead weight.</p><p><br /></p><p>I would probably be with you quarter, $50 would have to shake loose silver from this stockpile, maybe less. I am still thinking about what to do with a few thousand ounces of junk. Tell you what, I would be very happy to buy bags put together at $50 silver when prices go down in the future.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1123742, member: 26302"]I have never understood the logic of people investing in PM for doomsday scenarios. PM investment makes sense as a hedge to inflation or devaluation of your currency. If a doomsday scenario, who the heck wants an ounce of silver or gold? What value are they? PM's are only valuable in a society that can produce finer things for people to enjoy. In wars PM's, diamonds, etc are only valuable if you hope to escape a non warring area. If its a doomsday scenario, there is no place to escape to, so to me PM's would be dead weight. I would probably be with you quarter, $50 would have to shake loose silver from this stockpile, maybe less. I am still thinking about what to do with a few thousand ounces of junk. Tell you what, I would be very happy to buy bags put together at $50 silver when prices go down in the future.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
A Silver Shortage is rearing it's ugly head
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...