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<p>[QUOTE=&quot;medoraman, post: 2213454, member: 26302&quot;]I agree Mike. The one thing I would say in favor of gold and silver, (platinum now has me spooked), is oil. Oil is the huge input that metal pricing long term usually tracks. I simply believe oil will be going back up after the world has absorbed this crush of oil from the US in a couple of years. Everything else I read about oil is negative. Many exporters today will become net importer in less than a decade, as their own economy grows. So, I basically view gold and silver as storable oil, and given my outlook for oil markets do not think its a horrible play for long horizons. Someone mentioned a miner with $600 an ounce cost for gold. One, that has to be about the lowest on earth. Second, even that miner is MUCH higher if oil is $120 a barrel again, right?</p><p>&nbsp;</p><p>Plus, I get to buy shiny, pretty things that amuse me like a puppy.[/QUOTE]</p><p><br /></p>

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