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<p>[QUOTE="InfleXion, post: 1096480, member: 29012"]I got into the metals market in 2008 because I figured prices would be going up based on nothing other than monetary policy. After watching interest rates drop for a few years (and being admittedly a bit naive) I asked myself, what in the world are they going to do when it gets to zero? They can't have negative interest! Well that's when new money began being introduced at a much higher rate, and ever since then metals have chugged along nicely. I plan on holding as long as possible unless I really need the money, because without a gold standard I don't see any force in play to halt the printing of new money. I do see a need to keep printing more money, because when an artificially created bubble begins its downward trend a new bubble comes along to prop it up. While there are certainly many factors in play, and it may just be a coincidence that things happened the way I had anticipated, I tend to feel that these trends will continue until the money printing ceases. However, I would not even sell at that point unless I had to (or wanted a little spending cash!), because should the day ever come that money is only worth its weight in TP I will be glad I have something worth dealing with. A bird in the hand is worth two in the bush.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1096480, member: 29012"]I got into the metals market in 2008 because I figured prices would be going up based on nothing other than monetary policy. After watching interest rates drop for a few years (and being admittedly a bit naive) I asked myself, what in the world are they going to do when it gets to zero? They can't have negative interest! Well that's when new money began being introduced at a much higher rate, and ever since then metals have chugged along nicely. I plan on holding as long as possible unless I really need the money, because without a gold standard I don't see any force in play to halt the printing of new money. I do see a need to keep printing more money, because when an artificially created bubble begins its downward trend a new bubble comes along to prop it up. While there are certainly many factors in play, and it may just be a coincidence that things happened the way I had anticipated, I tend to feel that these trends will continue until the money printing ceases. However, I would not even sell at that point unless I had to (or wanted a little spending cash!), because should the day ever come that money is only worth its weight in TP I will be glad I have something worth dealing with. A bird in the hand is worth two in the bush.[/QUOTE]
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