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<p>[QUOTE="doug444, post: 1917800, member: 38849"]A bit more commentary. Some people believe that over the coming years, silver will go up, <u>percentage-wise,</u> faster than gold; I happen to be one of them. Silver is more useful in commerce; who's going to make "change" for a gold eagle?? Right now, a silver dime (about $1.60) easily buys a loaf of bread; if hyperinflation comes, and bread is $4 a loaf, it is likely a silver dime will still buy a loaf of bread, as the price of silver rises too.</p><p><br /></p><p>In the 1930's, U.S. citizens' gold was (for all practical purposes) confiscated by the government; it happened once, it can happen again. I think silver is unlikely to be confiscated, although its purchase and sale may be controlled for so-called "national security" purposes. I'll be gone, you guys in your 20's and 30's, good luck with all that. And ALL my safety deposit boxes are at credit unions, not banks. There's a good reason for this, too much to discuss here.[/QUOTE]</p><p><br /></p>
[QUOTE="doug444, post: 1917800, member: 38849"]A bit more commentary. Some people believe that over the coming years, silver will go up, [U]percentage-wise,[/U] faster than gold; I happen to be one of them. Silver is more useful in commerce; who's going to make "change" for a gold eagle?? Right now, a silver dime (about $1.60) easily buys a loaf of bread; if hyperinflation comes, and bread is $4 a loaf, it is likely a silver dime will still buy a loaf of bread, as the price of silver rises too. In the 1930's, U.S. citizens' gold was (for all practical purposes) confiscated by the government; it happened once, it can happen again. I think silver is unlikely to be confiscated, although its purchase and sale may be controlled for so-called "national security" purposes. I'll be gone, you guys in your 20's and 30's, good luck with all that. And ALL my safety deposit boxes are at credit unions, not banks. There's a good reason for this, too much to discuss here.[/QUOTE]
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