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<p>[QUOTE="InfleXion, post: 1224416, member: 29012"]Sure central banks don't bother with silver, but how could they? They'd have a real hard time getting enough silver to account for their wealth, and if they did it would squeeze the market. The US did used to have a silver standard, so it's still a monetary metal (not for that reason though, just an example) even if it's not fulfilling that role explicitly in these cases right now. The reason is that gold and silver are inexplicably bound to each other albeit with wild swings in the pendulum throughout history. We can get into the reasons why this came about, but with today's mentality it seems to be more important just that it has always been the case as opposed to why. </p><p><br /></p><p>I agree with Cloud's line of thinking that speculation is more to do with your level of knowledge about something than anything else. As in you are hoping for chance to go your way, instead of understanding why it will if it does.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1224416, member: 29012"]Sure central banks don't bother with silver, but how could they? They'd have a real hard time getting enough silver to account for their wealth, and if they did it would squeeze the market. The US did used to have a silver standard, so it's still a monetary metal (not for that reason though, just an example) even if it's not fulfilling that role explicitly in these cases right now. The reason is that gold and silver are inexplicably bound to each other albeit with wild swings in the pendulum throughout history. We can get into the reasons why this came about, but with today's mentality it seems to be more important just that it has always been the case as opposed to why. I agree with Cloud's line of thinking that speculation is more to do with your level of knowledge about something than anything else. As in you are hoping for chance to go your way, instead of understanding why it will if it does.[/QUOTE]
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