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<p>[QUOTE=&quot;Blaubart, post: 2012345, member: 37498&quot;]Are the only four options cash, PM, entrepreneur, or Wall Street?&nbsp; If you decide Wall Street and entrepreneurship aren&#039;t for you, are your <i>only</i> remaining options cash or PM?</p><p><br /></p><p>The reason I ask is because the ONLY way I can see the relevance of the declining value of the dollar being used as justification for owning PM is if cash and PM were your only two investment options.&nbsp; (Even if such limits are self imposed, they&#039;re still valid IMHO)</p><p><br /></p><p>Seeing as there are still lots of investment options that are better than cash or PM, why use the possibility of sitting on cash for a hundred years as justification for anything besides the idea that sitting on cash for a hundred years is possibly the worst investment option ever?</p><p><br /></p><p>Heck, if I were trying to promote a craptastic money market account that averaged 3% interest for the past 100 years, I could do very well by showing someone how much better off they&#039;d be by depositing their money in such an account than they would be hanging on to cash.&nbsp; After 100 years, $100 in cash would still be $100 in cash, but it would only be worth about $5 in 1913 dollars.&nbsp; Money invested in my money market account would grow to $1,979, or $105.13 in 1913 dollars!&nbsp; (Inflation has averaged 2.95% over the past 100 years, so 3% is just a tick over inflation.)</p><p><br /></p><p>But, even such a lame money market account would have paid better than silver, because $100 worth of silver from 1913 would only be worth $1,341 today.</p><p><br /></p><p>To me, all of this means that holding silver is a good way not to lose too much of your wealth over the long run.&nbsp; However, I think it is a much better strategy, <i>especially</i> in the long run, for your objective to be increasing your wealth, and PM ownership has never been a good vehicle to increase wealth.[/QUOTE]</p><p><br /></p>

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