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<p>[QUOTE=&quot;kaparthy, post: 21247, member: 57463&quot;]You must be young, Rick.&nbsp; I would bet that 90% of the people who buy gold coins in America do so because they know (KNOW for a fact as solid as the Earth they stand on) that our government and our society <u>are</u> collapsing right before our very eyes.&nbsp; It is a slow process, but inevitable.</p><p><br /></p><p>Take inflation -- which is the inverse of the &quot;price&quot; of gold -- and take that good, Republican, moderated, controlled, Alan Greenspanned, growth inflation that keeps up with our wonderfully expanding productive economy.&nbsp; Compound 3% over 20 years.&nbsp; That is what happens under the Republicans: your government paper money has lost about half of its value in 20 years.&nbsp; Wait til the Democrats come back...</p><p><br /></p><p>(Granted that computers increase productivity. Granted that the dollar is not collapsing as fast as other currencies. Etc., etc., but look at the price of a loaf of bread.)</p><p><br /></p><p>They also buy silver. Silver has been called &quot;the poor man&#039;s gold.&quot; [** see below]&nbsp; Silver is volatile because there is very little primary silver production.&nbsp; It mostly comes as a by-product of copper refining.&nbsp; This is the electric age and you cannot ring a door bell with glass.&nbsp; We need copper.&nbsp; As a result, we get silver, more than we need.&nbsp; We do need it, however.&nbsp; That 2% silver solder holds a lot of copper together. Photography does not use much any more -- and that hit the silver market -- but I liked the good news that Curad puts silver in its bandages.&nbsp; All in all, sooner or later, someone draws down the reserves by taking delivery on silver bullion and the price rises.&nbsp; Also, there is some speculation.&nbsp; As gold goes, so goes silver.&nbsp; </p><p><br /></p><p>** (Most Americans are poor. We think we are &quot;middle class&quot; because we all watch the same football games on cable tv when not waxing the SUV, but really, to be middle class you need to earn $100,000 per year for one adult or about $150,000 per year for one household.&nbsp; Everyone else below that is in the &quot;working poor&quot; down to the chronically unemployed. I recently had a newspaper reporter tell an online group that professional journalist outdo &quot;web loggers&quot; because pros get a whopping $60,000 per year: working poor.)[/QUOTE]</p><p><br /></p>

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