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<p>[QUOTE=&quot;Prime Mover, post: 1500103, member: 38783&quot;]If PM&#039;s keep up with inflation, then you&#039;re about equal from now until then, at least in terms of purchasing power, and you haven&#039;t &quot;lost&quot; anything by doing so.&nbsp; You have something that is as good as cash, and has not lost any of it&#039;s ability to buy.&nbsp; You can take your 1oz ASE from today and buy a $25 Blu-Ray disc, or 10 years from now if it kept up with inflation, you might still use that same 1oz ASE to buy a $50 Blu Ray disc.&nbsp; You haven&#039;t gained anything by holding it, but it&#039;s more just steady insurance.&nbsp; This is the basis I use for keeping PM&#039;s as an investment, if it keeps with inflation, then I&#039;ve not lost anything and have something to fall back on.</p><p><br /></p><p>However, the idea of investing is to beat inflation, so that your money today outperforms and allows you to have more wealth in the future.</p><p><br /></p><p><br /></p><p>Ask those who bought at the peak of silver when it hit around $50/ounce, and is now back down to mid-20&#039;s.&nbsp; Yes, they still have the silver, but it&#039;s worth a lot less, 50% less in fact, and there&#039;s no guarantee it&#039;ll go back up to that point. There&#039;s also no guarantee it&#039;ll stay suppressed at these levels, and not double in value again.</p><p><br /></p><p><br /></p><p>Not necessarily, in fact possibly the opposite.&nbsp; There is a physical cost to mine and refine PM&#039;s, which no matter what happens with policy keeps a cost to a certain minimum level, and unless those factors also go down, it won&#039;t have any impact on lowering the cost.&nbsp; If QE3 passes, people may see less need to invest in PM&#039;s, and less is bought, thus increasing stockpiles, thus driving the cost down.</p><p><br /></p><p>Personally, I believe that PM&#039;s are a good long term investment, and I will be spending money in that regard as well.[/QUOTE]</p><p><br /></p>

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