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im out of the stock market and long silver
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<p>[QUOTE="Marshall, post: 936529, member: 21705"]Having lived through the Carter years, I know that more dollars doesn't necessarily equate to more wealth. Youngsters have no idea what inflation can do to your wealth as your financial reports LOOK like you're doing well as you lose ground.</p><p><br /></p><p>They've never seen how $50K can turn to $60K and still lose half it's buying power. Everything including coins, real estate and commodities are likely to do this in the near future. It's a marvelous scam.</p><p><br /></p><p>It's funny how that 35 cent cheeseburger from 1970 now costs $4 - $5, but if you purchased it with silver coin it still takes 1 silver dime and 1 silver quarter. This of course assumes both parties know the value of the silver coin.</p><p><br /></p><p>Had you purchased it with clad coins it takes 16 to 20 clad quarters now.[/QUOTE]</p><p><br /></p>
[QUOTE="Marshall, post: 936529, member: 21705"]Having lived through the Carter years, I know that more dollars doesn't necessarily equate to more wealth. Youngsters have no idea what inflation can do to your wealth as your financial reports LOOK like you're doing well as you lose ground. They've never seen how $50K can turn to $60K and still lose half it's buying power. Everything including coins, real estate and commodities are likely to do this in the near future. It's a marvelous scam. It's funny how that 35 cent cheeseburger from 1970 now costs $4 - $5, but if you purchased it with silver coin it still takes 1 silver dime and 1 silver quarter. This of course assumes both parties know the value of the silver coin. Had you purchased it with clad coins it takes 16 to 20 clad quarters now.[/QUOTE]
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im out of the stock market and long silver
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