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<p>[QUOTE=&quot;Cloudsweeper99, post: 941548, member: 3011&quot;]The precious metals have fundamentals.&nbsp; Supply/demand and the cost of production are probably the most important.&nbsp; </p><p><br /></p><p>That said, silver will preserve wealth if we have hyperinflation, which is a low probabality event in my opinion.&nbsp; Other than that, I consider it a speculation, and a pretty good one below $20.&nbsp; There aren&#039;t many things you can still buy at the same price as 30 years ago.&nbsp; I consider it only a matter of time before the speculators take it up close to the old high.&nbsp; </p><p><br /></p><p>Also, I disagree with your other statement that silver and gold have no use.&nbsp; Gold&#039;s primary uses are jewelry and as central bank reserves.&nbsp; Silver has many industrial uses because of its special properties and has no good substitute for some applications.&nbsp; Of course, if you are a survivalist, nothing you can&#039;t eat or shoot will have value.[/QUOTE]</p><p><br /></p>

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