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<p>[QUOTE="sakata, post: 2805953, member: 23778"]There is too much in this thread to read it all, but I would have to say that the basic premise is wrong. The title "PMs vs Stocks- investing ...." does not make sense. PMs should never be used as an investment tool and so cannot be compared to stocks. PMs should be used only as a hedge to maintain wealth. Stocks should be used as one possible investment to increase wealth. I have enough to survive on for the rest of my days as long as I am able to maintain it and so hedging is more important to me than investing. True, by increasing my position in the stock market I may increase my wealth, but bad investments also can reduce it. The stock market is overdue for a drop so right now I have reduced my position in it and am investing in other things - buy stuff which I know I will need at some point in the next ten years and which will be a lot more expensive in the future.[/QUOTE]</p><p><br /></p>
[QUOTE="sakata, post: 2805953, member: 23778"]There is too much in this thread to read it all, but I would have to say that the basic premise is wrong. The title "PMs vs Stocks- investing ...." does not make sense. PMs should never be used as an investment tool and so cannot be compared to stocks. PMs should be used only as a hedge to maintain wealth. Stocks should be used as one possible investment to increase wealth. I have enough to survive on for the rest of my days as long as I am able to maintain it and so hedging is more important to me than investing. True, by increasing my position in the stock market I may increase my wealth, but bad investments also can reduce it. The stock market is overdue for a drop so right now I have reduced my position in it and am investing in other things - buy stuff which I know I will need at some point in the next ten years and which will be a lot more expensive in the future.[/QUOTE]
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