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<p>[QUOTE="doug5353, post: 2126241, member: 73555"]You don't buy silver to trade it, where volatility almost certainly guarantees an eventual loss.</p><p><br /></p><p>You buy silver to HOLD, to preserve the purchasing power of your assets. Those who have ALL of their assets in dollars bear a sizeable risk. Today, a silver dime buys a loaf of bread. Hyperinflation comes, and considering that gold and silver as money have no counter-party risk, a silver dime still buys a loaf of bread. You've protected your liquid assets with an alternative to the dollar.</p><p><br /></p><p>If the dollar loses its status as the world's reserve currency, then dollars presently held as a hedge will flow back to the U.S., vastly increasing the money supply, with the same result for any currency whose supply suddenly surges. This is a chart of the M2 money supply since 1980; does this look sustainable to you?</p><p><br /></p><p>[ATTACH=full]403893[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="doug5353, post: 2126241, member: 73555"]You don't buy silver to trade it, where volatility almost certainly guarantees an eventual loss. You buy silver to HOLD, to preserve the purchasing power of your assets. Those who have ALL of their assets in dollars bear a sizeable risk. Today, a silver dime buys a loaf of bread. Hyperinflation comes, and considering that gold and silver as money have no counter-party risk, a silver dime still buys a loaf of bread. You've protected your liquid assets with an alternative to the dollar. If the dollar loses its status as the world's reserve currency, then dollars presently held as a hedge will flow back to the U.S., vastly increasing the money supply, with the same result for any currency whose supply suddenly surges. This is a chart of the M2 money supply since 1980; does this look sustainable to you? [ATTACH=full]403893[/ATTACH][/QUOTE]
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Coin Talk
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Lots of questions relating to making money buying and selling coins.
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