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Gold or Silver prices, what will make the prices go up?? Did we top out already?
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<p>[QUOTE="InfleXion, post: 1610985, member: 29012"]Funny, it's the only reason I hold them. As I've stated my primary goal is not to profit, rather to be protected by holding something that has value because of what it is, not because of who promises that it does. That is the fundamental difference. If you think it's a bad reason to hold, that's fine. I don't. You may trust that financial markets are safe, I don't. I have seen flash crashes and MF Globals and front running. You may trust that a company's stock will thrive in an environment that suffocates free markets, I don't. You may trust that bonds will not receive a haircut, I don't. There is no requirement of trust for precious metals, because there are no promises involved. They function inherently because of what they are. I do not use these as justification for why I hold metals, these are the reasons that drove me into metals because only metals are safe from all of this. It's not about investing. It's about not getting taken for a ride.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1610985, member: 29012"]Funny, it's the only reason I hold them. As I've stated my primary goal is not to profit, rather to be protected by holding something that has value because of what it is, not because of who promises that it does. That is the fundamental difference. If you think it's a bad reason to hold, that's fine. I don't. You may trust that financial markets are safe, I don't. I have seen flash crashes and MF Globals and front running. You may trust that a company's stock will thrive in an environment that suffocates free markets, I don't. You may trust that bonds will not receive a haircut, I don't. There is no requirement of trust for precious metals, because there are no promises involved. They function inherently because of what they are. I do not use these as justification for why I hold metals, these are the reasons that drove me into metals because only metals are safe from all of this. It's not about investing. It's about not getting taken for a ride.[/QUOTE]
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