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<p>[QUOTE="doug444, post: 1871492, member: 38849"]You buy (junk) silver NOT to trade it, but to preserve the purchasing power of the money you already have.</p><p><br /></p><p>Here's the explanation that seems to make sense to most people. Let's say that right now, a loaf of bread costs $1.80 (yes, there's cheaper bread; read on). Let's say that's one silver dime. Hyperinflation comes, and a loaf of bread costs $5. The theory is that silver will rise in value proportionally to inflation, so a loaf of bread STILL costs a silver dime. You have preserved the buying power of your savings. Consider yourself lucky that you break even, or may even make a little profit. You do NOT sell your silver at the end of X years, because you will be receiving rapidly-depreciating paper money in return. That's the theory. It's the best theory that stackers have.[/QUOTE]</p><p><br /></p>
[QUOTE="doug444, post: 1871492, member: 38849"]You buy (junk) silver NOT to trade it, but to preserve the purchasing power of the money you already have. Here's the explanation that seems to make sense to most people. Let's say that right now, a loaf of bread costs $1.80 (yes, there's cheaper bread; read on). Let's say that's one silver dime. Hyperinflation comes, and a loaf of bread costs $5. The theory is that silver will rise in value proportionally to inflation, so a loaf of bread STILL costs a silver dime. You have preserved the buying power of your savings. Consider yourself lucky that you break even, or may even make a little profit. You do NOT sell your silver at the end of X years, because you will be receiving rapidly-depreciating paper money in return. That's the theory. It's the best theory that stackers have.[/QUOTE]
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