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Poll: Is Silver a good investment
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<p>[QUOTE="InfleXion, post: 1617782, member: 29012"]Nothing is guaranteed of course, though I have little doubt, obviously. But my point is if that happens, what else can protect your investments as well as metals can, if at all? This is a rhetorical question, as there is nothing except for possibly guns and ammo, food, water, liquor, essentially full on barter supplies which are even less traditional investments than physical metal. If someone wants the protection that metals provide they will have to have physical metal in their hand, not in an ETF or mining stock, not in a safety deposit box which will be the first place to get hit if there is a confiscation. The paper markets are buoyed because of monetary policy that cannot possibly last forever. The only way that I can forsee paper investments not imploding is if the economy is strong enough to fill the void left when the Fed stops the printing presses and when hedge funds and banks are no longer allowed to commit fraud (rehypothecation) as their business model. In order for the economy to become that robust it would require free enterprise, which is contrary to that very business model. In addition spending would have to be cut roughly in half to stem the exponentially growing national debt (note that GDP grows linearly even at its best) which 47% of the population relies on for handouts, and so that 47% would not be able to contribute to any sort of economic recovery. I think the odds speak for themselves. Take delivery, don't mess around with your future.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1617782, member: 29012"]Nothing is guaranteed of course, though I have little doubt, obviously. But my point is if that happens, what else can protect your investments as well as metals can, if at all? This is a rhetorical question, as there is nothing except for possibly guns and ammo, food, water, liquor, essentially full on barter supplies which are even less traditional investments than physical metal. If someone wants the protection that metals provide they will have to have physical metal in their hand, not in an ETF or mining stock, not in a safety deposit box which will be the first place to get hit if there is a confiscation. The paper markets are buoyed because of monetary policy that cannot possibly last forever. The only way that I can forsee paper investments not imploding is if the economy is strong enough to fill the void left when the Fed stops the printing presses and when hedge funds and banks are no longer allowed to commit fraud (rehypothecation) as their business model. In order for the economy to become that robust it would require free enterprise, which is contrary to that very business model. In addition spending would have to be cut roughly in half to stem the exponentially growing national debt (note that GDP grows linearly even at its best) which 47% of the population relies on for handouts, and so that 47% would not be able to contribute to any sort of economic recovery. I think the odds speak for themselves. Take delivery, don't mess around with your future.[/QUOTE]
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