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Next step silver - over $20.00
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<p>[QUOTE="Cloudsweeper99, post: 730997, member: 3011"]First of all, I want to make it clear that I like gold and silver a lot as an asset class and I expect both to go higher. But the articles you read on the internet about the dollar going to zero and prices remaing constant in precious metal terms while only the dollar falls are nonsensical. There are people out there who view the precious metals as mystical materials with magical qualities, and the reader must be very cautious about who they choose to believe. In reality, gold and silver prices will probably track the inflation rate over the long run, and as long as you avoid the occasional blow-off tops in prices, it should be a secure and sound long term holding. I presume everyone here has a core position in gold and silver at prices half or less than the current price. This should prove to be a rewarding holding, but there are other things to invest in that are just as good or better.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 730997, member: 3011"]First of all, I want to make it clear that I like gold and silver a lot as an asset class and I expect both to go higher. But the articles you read on the internet about the dollar going to zero and prices remaing constant in precious metal terms while only the dollar falls are nonsensical. There are people out there who view the precious metals as mystical materials with magical qualities, and the reader must be very cautious about who they choose to believe. In reality, gold and silver prices will probably track the inflation rate over the long run, and as long as you avoid the occasional blow-off tops in prices, it should be a secure and sound long term holding. I presume everyone here has a core position in gold and silver at prices half or less than the current price. This should prove to be a rewarding holding, but there are other things to invest in that are just as good or better.[/QUOTE]
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Next step silver - over $20.00
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