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<p>[QUOTE=&quot;SteveCaruso, post: 2115867, member: 37497&quot;]You obliquely &quot;wonder&quot; aloud if I work for the Federal Reserve or bunch of other potential labels and you have a thing against labeling people? <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>As someone who spends an awful lot of time in cemeteries doing genealogical work, I can safely assert that you <i>can&#039;t</i> toss out childhood and juvenile deaths as they were so very many, most of which are completely preventable today. Families with 12 kids in some areas would be lucky if 3 or 4 survived to be older than 18. That drives average life expectancy down <i>significantly</i>. And that &quot;surprising number of octogenarians&quot; is a pittance compared to where we are today, especially with the number of centenarians per capita <i>rapidly</i> on the rise.</p><p><br /></p><p>It&#039;s a relief that you won&#039;t be buying any coins from me, as I don&#039;t sell them. &quot;Steve Caruso coins&quot; wasn&#039;t a business name, it was a <i>search query.</i> &quot;Coins&quot; was in there to filter out all the other Steve Carusos out there. As an avid collector, I&#039;d be a very poor coin salesman -- most folks wouldn&#039;t want the kind of coins I predominantly collect. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>2008 was when things went to pot. 2009 is when the buying madness began, and anyone who bought most of their silver or gold between 2010 and last year are <i>really</i> hurting now. Taking inflation into account, the last time gold was actually *really* high was back in the 1980 Silver Thursday boom at $675/ozt (=~$2,000/ozt today -- it peaked for a few hours at nearly $850/ozt =~$2,500/ozt today) and it fell all the way back down to under $400/ozt in 2001 (=~$525/ozt today). The latest boom didn&#039;t make it back up there and gold and silver are now correcting, <i>hard</i>.</p><p><br /></p><p>Unless there&#039;s another huge panic, we&#039;re probably going to see it all the way back down where it was before, if not lower for a long spell. It&#039;s not Wall Street you need to worry about with silver and gold, it&#039;s the march of time, as until it&#039;s fully corrected, it&#039;s going to be two steps down for every one step up. (Although, the Silver Thursday boom and bust *was* caused by Wall Street guys hoarding silver...)</p><p><br /></p><p>In truth, Real estate -- provided it&#039;s the kind of land you can make a steady income from whether from renting or working it -- is the better investment by far nowadays.</p><p><br /></p><p>But if I&#039;ve misunderstood you and your thing is truly silver or gold as a diversifying hedge? Then we&#039;re on the same page. I can whole-heartedly respect that.</p><p><br /></p><p>Just so long as it&#039;s not the only topping on the pizza. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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