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<p>[QUOTE="medoraman, post: 1221919, member: 26302"]To me gold is around its historical average in real terms and silver above. While the argument that silver is an "industrial" metal is valid, to uses that have made it go up have been investor "consumption" of coins and solar energy. Those are the only new uses for it. I believe solar will go down with loss of subsidies, and am afraid of all of this investor inventory what it may do in the future to prices if there is another "hot" investment idea come around, (and there always is).</p><p><br /></p><p>Gold is a one trick pony, but that trick works for it. It is desired as "money" or at least a store of value in Europe, middle east, and far east. If one only wanted to protect wealth I would think this may be the safer bet.</p><p><br /></p><p>If you REALLY want a metal with industrial/monetary uses, I would look at platinum. Much more rare than gold, higher industrial usage by far, and also a history as a store of value. If you want a "rare" modern coin, look at the platinum mintages.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1221919, member: 26302"]To me gold is around its historical average in real terms and silver above. While the argument that silver is an "industrial" metal is valid, to uses that have made it go up have been investor "consumption" of coins and solar energy. Those are the only new uses for it. I believe solar will go down with loss of subsidies, and am afraid of all of this investor inventory what it may do in the future to prices if there is another "hot" investment idea come around, (and there always is). Gold is a one trick pony, but that trick works for it. It is desired as "money" or at least a store of value in Europe, middle east, and far east. If one only wanted to protect wealth I would think this may be the safer bet. If you REALLY want a metal with industrial/monetary uses, I would look at platinum. Much more rare than gold, higher industrial usage by far, and also a history as a store of value. If you want a "rare" modern coin, look at the platinum mintages.[/QUOTE]
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