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<p>[QUOTE="WoodyWW, post: 1711727, member: 26001"]I wonder if any PM investors have ever thought, what if silver declines to $12 say, & then stays there for 10-20 years? Like the LLLoooong bear mkt. in PM from 1980 to roughly 2000. I'd bet most would say that's <i>impossible</i>, & I may hear that here. And there is a phenomena where......if a given asset class is stagnant for many years, a lot of people lose interest. Say your neighbors are doing way better in the stock mkt. Real Estate is going up. While PM stagnate.</p><p><br /></p><p>And waiting for Hyperinflation--or some other catastrophe--that doesn't happen--where you're the only one on your block with 90% silver coins to buy gas or canned goods--can get.....boring. I also think there are a whole generation of relative newbie PM investors who've only known--mainly--silver prices going up. </p><p><br /></p><p>I love silver coins myself, but I think it'd have to go to $12 maybe for me to buy more, & even then I wouldn't be able to predict how long I'd have to wait for it to go up.....[/QUOTE]</p><p><br /></p>
[QUOTE="WoodyWW, post: 1711727, member: 26001"]I wonder if any PM investors have ever thought, what if silver declines to $12 say, & then stays there for 10-20 years? Like the LLLoooong bear mkt. in PM from 1980 to roughly 2000. I'd bet most would say that's [I]impossible[/I], & I may hear that here. And there is a phenomena where......if a given asset class is stagnant for many years, a lot of people lose interest. Say your neighbors are doing way better in the stock mkt. Real Estate is going up. While PM stagnate. And waiting for Hyperinflation--or some other catastrophe--that doesn't happen--where you're the only one on your block with 90% silver coins to buy gas or canned goods--can get.....boring. I also think there are a whole generation of relative newbie PM investors who've only known--mainly--silver prices going up. I love silver coins myself, but I think it'd have to go to $12 maybe for me to buy more, & even then I wouldn't be able to predict how long I'd have to wait for it to go up.....[/QUOTE]
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