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<p>[QUOTE=&quot;fatima, post: 1267686, member: 22143&quot;]There are many reasons to invest in these metals, but I will only respond to the one you mentioned, i.e.&nbsp; the preservation of wealth due to $/currency destruction.&nbsp;&nbsp; The value of these metals is based solely on industrial demand.&nbsp;&nbsp; if you are looking to preserve wealth due to destruction of the currency, then I don&#039;t think there are any precedents that would apply.&nbsp;&nbsp; A destruction of the currency might also result in a huge falloff in industrial output and in that case the demand for these metals might collapse completely.&nbsp; </p><p><br /></p><p>On the other hand, gold, and potentially silver are held as monitary assets by countries and its the only hard asset that all countries will trade in terms of a currency.&nbsp;&nbsp; Gold is really the only metal that is held as a hedge against fiat currency.[/QUOTE]</p><p><br /></p>

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