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<p>[QUOTE="-jeffB, post: 8219634, member: 27832"]And PMs <i>don't</i> depend on when you sell?</p><p><br /></p><p>[ATTACH=full]1443259[/ATTACH]</p><p><br /></p><p>If you'd bought silver in 1975, then sold it in 2000, you'd have found that it "held its value" -- in <i>nominal</i> dollars. But each of those 2000 dollars would have been worth about a <i>third</i> of the 1975 dollars you spent.</p><p><br /></p><p>And heaven help you if you bought at the peak in 1980; you'd have been looking at a greater than 85% loss of principal, <i>in <b>nominal</b> dollars.</i></p><p><i><br /></i></p><p>I suppose you could argue that companies can go bankrupt, taking their stock to zero. That's certainly true. But by the same token, you can discover that your PM coins or bars are fakes. They're <i>different</i> risks, but there are still risks.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 8219634, member: 27832"]And PMs [I]don't[/I] depend on when you sell? [ATTACH=full]1443259[/ATTACH] If you'd bought silver in 1975, then sold it in 2000, you'd have found that it "held its value" -- in [I]nominal[/I] dollars. But each of those 2000 dollars would have been worth about a [I]third[/I] of the 1975 dollars you spent. And heaven help you if you bought at the peak in 1980; you'd have been looking at a greater than 85% loss of principal, [I]in [B]nominal[/B] dollars. [/I] I suppose you could argue that companies can go bankrupt, taking their stock to zero. That's certainly true. But by the same token, you can discover that your PM coins or bars are fakes. They're [I]different[/I] risks, but there are still risks.[/QUOTE]
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