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<p>[QUOTE="InfleXion, post: 1651377, member: 29012"]I would give up all of my stack in a heartbeat in return for a healthy job market and a free market financial system. I have metals for protection, and I hope the price goes up, but I don't know anybody who wants the economy to do poorly just so they can make a buck. Anybody who does deserves a swift kick in the...</p><p><br /></p><p>As for the pro and con arguments with owning silver, I have seen 2 extremes detailed but I have not seen anyone mention what I perceive to be the reality which is that a number of people on this site advocate owning a portion of precious metals, but are very keen on not having people own too much.</p><p><br /></p><p>Most of us know that the financial system would crumble if everybody went all in on silver, and that gold and silver would return to money and fair value in that case. Like it or not there are some people with very deep pockets who would lose out bigtime if everyone did buy silver, and they have the means and the vested interest to steer people away from it.</p><p><br /></p><p>If you don't like metals more than bonds from bankrupt governments that will never pay off their debt, or derivatives that are repackaged and resold with highly leveraged counter party risk chains to infinity (this is fraud, pure and simple), yet you tell people you should own metals as well as diversify in all these things, well that's being a wolf in sheep's clothing as far as I am concerned.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1651377, member: 29012"]I would give up all of my stack in a heartbeat in return for a healthy job market and a free market financial system. I have metals for protection, and I hope the price goes up, but I don't know anybody who wants the economy to do poorly just so they can make a buck. Anybody who does deserves a swift kick in the... As for the pro and con arguments with owning silver, I have seen 2 extremes detailed but I have not seen anyone mention what I perceive to be the reality which is that a number of people on this site advocate owning a portion of precious metals, but are very keen on not having people own too much. Most of us know that the financial system would crumble if everybody went all in on silver, and that gold and silver would return to money and fair value in that case. Like it or not there are some people with very deep pockets who would lose out bigtime if everyone did buy silver, and they have the means and the vested interest to steer people away from it. If you don't like metals more than bonds from bankrupt governments that will never pay off their debt, or derivatives that are repackaged and resold with highly leveraged counter party risk chains to infinity (this is fraud, pure and simple), yet you tell people you should own metals as well as diversify in all these things, well that's being a wolf in sheep's clothing as far as I am concerned.[/QUOTE]
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