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<p>[QUOTE=&quot;desertgem, post: 1085539, member: 15199&quot;]Almost everyone on the bullion sites mention the declining value of the dollar, and the use of precious metal investment to preserve individual&#039;s wealth...and I see nothing wrong with that. What seems to be unsolved is &quot; what is the supporting value of silver or gold at this time&quot; as that is what one should use as a basis to invest ( buy/sell) to maximize their investment. Several assume that the current spot price is that support level of PM for such financial scenarios of high inflation, devaluation of the USD, but I suggest to you that it is currently several dollars to the high side. If you search the forum, you will find posts that state some have almost all of their investment funds going into PM, and others that say they &quot;will never sell&quot;, a formula that seems strongly destined to turn out bad as an investment.</p><p><br /></p><p>My huge concern is not the USD or the Euro, but the financial future of China. No one really knows what their internal financial situation is. The Chinese of today want to be like they see other countries on the internet and videos, more like the citizens of Shanghi or Hong Kong than the internal provinces. It is easier in a closed political system to hide financials, and strong armedly enforce inflation and currency value than in the US.&nbsp; Some may say default on anything by China in the future is impossible,but I would not rule it out. AIMO.[/QUOTE]</p><p><br /></p>

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