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<p>[QUOTE="PeacePeople, post: 1793341, member: 20082"]I'll base my response only on what I read and hear.</p><p> </p><p>First of all, the anti-paper money sentiment has been around as long as paper money has been around. It's nothing new, and you only need to read US history to know that Thomas Jefferson has many quotes that are anti-paper and anti international banker.</p><p> </p><p>Second, about 1/2 of the people that I know that jumped in at or near the run ups in 2011 are still in, and I'm not sure about the other half as it appears they fell off the edge of the earth (being flat and all), so I guess we could state most of them either sold and took their loss or moved in another direction.</p><p> </p><p>Third, hard asset people, those that believe in silver and gold as hard assets, believe in them for their own personal reasons, and for the most part don't lament the nickel and dime changes in price. For the most part they try to buy dips or use PMs as a savings, and as many other reasons you can or cannot imagine, but they're usually just adding to it.[/QUOTE]</p><p><br /></p>
[QUOTE="PeacePeople, post: 1793341, member: 20082"]I'll base my response only on what I read and hear. First of all, the anti-paper money sentiment has been around as long as paper money has been around. It's nothing new, and you only need to read US history to know that Thomas Jefferson has many quotes that are anti-paper and anti international banker. Second, about 1/2 of the people that I know that jumped in at or near the run ups in 2011 are still in, and I'm not sure about the other half as it appears they fell off the edge of the earth (being flat and all), so I guess we could state most of them either sold and took their loss or moved in another direction. Third, hard asset people, those that believe in silver and gold as hard assets, believe in them for their own personal reasons, and for the most part don't lament the nickel and dime changes in price. For the most part they try to buy dips or use PMs as a savings, and as many other reasons you can or cannot imagine, but they're usually just adding to it.[/QUOTE]
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