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<p>[QUOTE=&quot;doug5353, post: 2129258, member: 73555&quot;]Sounds reasonable.&nbsp; I would never trade in-and-out of silver, I bought for the long term.&nbsp; If I only break even, in terms of purchasing power, I&#039;m satisfied.&nbsp; The average household has ALL its assets and income streams tied to paper dollars -- homes, Treasuries, farmland, stocks, antiques and collectibles -- sell any of them in an emergency, and you get paid in paper dollars.&nbsp; </p><p><br /></p><p>You&#039;ve put all your eggs in one basket.&nbsp; Pensions and bonds and annuities, the income all filters down as little electronic blips to your account; you don&#039;t even get to see crisp new bills.&nbsp; Your entire future is tied to paper dollars, risk-on.</p><p><br /></p><p>With interest rates from banks and Treasury securities the lowest in a generation, few people are concerned about the opportunity costs of owning bullion, as in &quot;Wow, I could be earning 0.6% with those bucks in a Money Market fund!&quot;</p><p><br /></p><p>It&#039;s the elderly who suffer most from the current situation.&nbsp; Their income has been decimated by these low interest rates, and this is why consumer spending, the fundamental engine of our economy, is flat, in a no-growth mode.</p><p><br /></p><p>Those of you in Coin Talk who continually buy nice coins, you are protecting your net worth better than, say, 90% of the general population.&nbsp; The only difference between your numismatic investments and my bullion hedging -- I have greater liquidity in an emergency.&nbsp; The satisfaction of owning coins makes up for this.[/QUOTE]</p><p><br /></p>

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