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<p>[QUOTE="mikem2000, post: 1841288, member: 30574"]Yeah, talk about "Peak" theories just gives me the heebee jeebees. Guys who have as many trips as I have around the sun remember the oil crunch of the 70's and the endless predictions we would be out of oil by, like now. As a youngster back them, I even bought into it. Seems ridiculous now.</p><p><br /></p><p>As investors, the time frame that we need to focus on is exactly 1 life time, let our kids worry about the next lifetime. A lifetine is reletively short slice of time and I just don't see us running low on oil, silver, gold in that time slice. </p><p><br /></p><p>So, as investors, I believe we need to look at these commodities as unlimited for the time being at least. You need more gold, you dig another hole, it is that simple. Will it be that way 5,000 years from now? I don't know, but I also don't care. My personal opinion is, 5,000 years from now as society evolves, most folks will just view Gold as the near useless yellow metal that it is. YMMV[/QUOTE]</p><p><br /></p>
[QUOTE="mikem2000, post: 1841288, member: 30574"]Yeah, talk about "Peak" theories just gives me the heebee jeebees. Guys who have as many trips as I have around the sun remember the oil crunch of the 70's and the endless predictions we would be out of oil by, like now. As a youngster back them, I even bought into it. Seems ridiculous now. As investors, the time frame that we need to focus on is exactly 1 life time, let our kids worry about the next lifetime. A lifetine is reletively short slice of time and I just don't see us running low on oil, silver, gold in that time slice. So, as investors, I believe we need to look at these commodities as unlimited for the time being at least. You need more gold, you dig another hole, it is that simple. Will it be that way 5,000 years from now? I don't know, but I also don't care. My personal opinion is, 5,000 years from now as society evolves, most folks will just view Gold as the near useless yellow metal that it is. YMMV[/QUOTE]
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