Message:

<p>[QUOTE=&quot;wrucmike, post: 275893, member: 5452&quot;]<b>Gold and Silver</b></p><p><br /></p><p>Kiyosaki made some interesting points about silver a few weeks back on Yahoo! Finance.</p><p><br /></p><p>Yes, while photography has fallen off, silver is used in things like computers and cell phones.&nbsp; Plus, he notes that gold is hoarded (95% of gold ever discovered is still around), but silver is consumed (95% ever found is consumed).</p><p><br /></p><p><a href="http://finance.yahoo.com/expert/article/richricher/42433" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://finance.yahoo.com/expert/article/richricher/42433" rel="nofollow">http://finance.yahoo.com/expert/article/richricher/42433</a></p><p><br /></p><p>Is he 100% correct?&nbsp; Maybe, maybe not.&nbsp; But it&#039;s very interesting.</p><p><br /></p><p>I think that gold will increase in price as more dollars go into circulation, but silver is mostly industrial demand UNTIL gold hits some crazy number like $1000/oz.&nbsp; Then the public will start driving the price of silver upward (it will be marketed as a cheaper alternative to owning gold) and that combined with industrial demand will cause silver to outpace gold.</p><p><br /></p><p>:loud: BUY SILVER WHILE IT&#039;S CHEAP! :loud:[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in