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<p>[QUOTE="Palladium, post: 1162301, member: 30600"]I am into the investment of silver for the long haul. If silver is on a bubble (which I do not care about) I think it has at least 5 more years to go. I am buying some silver at these prices simply because of the worthlessness of the paper dollar. I suppose that I am in the category of what some would call a "Survivalist" (and of course far worse) but I do believe a "Revolution" is about to happen and there are thousands of scenarios into which PMs fit in. I believe the two most likely scenarios to occur include gold/silver being used for barter and/or a new currency (whether national or worldwide) developing, which would therefore result in me dumping almost all my PMs for the new currency.</p><p><br /></p><p>I am not trying to make a quick buck in a bull market. I am trying to hoard PMs for the sole purpose of security and safety. I am a 100% believer the collapse of the monetary system that we know today. In that belief, I do not buy PMs based on the value in a worthless currency but only how much that worthless currency will allow me to buy. Seems contradicting.. I know.[/QUOTE]</p><p><br /></p>
[QUOTE="Palladium, post: 1162301, member: 30600"]I am into the investment of silver for the long haul. If silver is on a bubble (which I do not care about) I think it has at least 5 more years to go. I am buying some silver at these prices simply because of the worthlessness of the paper dollar. I suppose that I am in the category of what some would call a "Survivalist" (and of course far worse) but I do believe a "Revolution" is about to happen and there are thousands of scenarios into which PMs fit in. I believe the two most likely scenarios to occur include gold/silver being used for barter and/or a new currency (whether national or worldwide) developing, which would therefore result in me dumping almost all my PMs for the new currency. I am not trying to make a quick buck in a bull market. I am trying to hoard PMs for the sole purpose of security and safety. I am a 100% believer the collapse of the monetary system that we know today. In that belief, I do not buy PMs based on the value in a worthless currency but only how much that worthless currency will allow me to buy. Seems contradicting.. I know.[/QUOTE]
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