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<p>[QUOTE="desertgem, post: 2281612, member: 15199"]But none of us have a time machine, so do you mean about 1/7th of an ounce of that silver per USD currently? Silver has NO intrinsic dollar value itself, it could go to .25 cents if no one wanted it and technology evolved away from such metals, or to $30 if everyone wanted it ( which certainly isn't today). Sunrise seems to believe that anything except precious metals will never make you wealthy or secure financially because the "Thieves of Wall Street" will rob everyone, but look at the amount of silver and gold available. A person could spend all of their earnings on them and what would he gain? It would be converted back to the then current USD price per ounce to buy goods. No merchant would say " wow , gold bullion!! I will give you 95% of the USD price for gold today for the new car you want from me." Well maybe one or two, but if you say "Wait it is worth more than the paper value because it is real, physical not fiat, shiney,intrinic value, no serial number! I want 150%", he would send you on your way. 5-10% in a portfolio should be a good value and balance over time.[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 2281612, member: 15199"]But none of us have a time machine, so do you mean about 1/7th of an ounce of that silver per USD currently? Silver has NO intrinsic dollar value itself, it could go to .25 cents if no one wanted it and technology evolved away from such metals, or to $30 if everyone wanted it ( which certainly isn't today). Sunrise seems to believe that anything except precious metals will never make you wealthy or secure financially because the "Thieves of Wall Street" will rob everyone, but look at the amount of silver and gold available. A person could spend all of their earnings on them and what would he gain? It would be converted back to the then current USD price per ounce to buy goods. No merchant would say " wow , gold bullion!! I will give you 95% of the USD price for gold today for the new car you want from me." Well maybe one or two, but if you say "Wait it is worth more than the paper value because it is real, physical not fiat, shiney,intrinic value, no serial number! I want 150%", he would send you on your way. 5-10% in a portfolio should be a good value and balance over time.[/QUOTE]
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