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<p>[QUOTE=&quot;medoraman, post: 1872786, member: 26302&quot;]But what is meant by that? If something stays the same nominal price over a 20 year period, you have lost at LEAST half of your money. At only 5.5% inflation you have lost two-thirds of your money. So no, even if something stays at the same nominal value you haven&#039;t, &quot;not lost&quot;, you have lost a tremendous amount of money.</p><p><br /></p><p>Its a very important point in investing in bullion. On an asset that has no return, the asset must go up by inflation every year just to stay even, let alone make a real profit. If you bought silver a little over a year ago for $35, the price of silver, (assuming 5.5% inflation as a guess), has to be $102 an ounce in 20 years for you to just be break even. If you buy today at $22 its a little better, only needing to be $64 an ounce in 20 years for you to break even, (not assuming premiums of course). Gold, if bought today, needs to be $3,880 in 20 years for you to break even, ignoring premiums. Still, its better than if you bought at $1800, which would mean it has to be $5,251 in 20 years to simply break even.</p><p><br /></p><p>Kind of puts a different twist on things, huh? People talk about the &quot;good old days&quot; 20 years ago when silver was $5, well today silver has to be nearly $15 to just break even, let alone make a profit. Yes, you would have made a slight profit, but not something to write home about. Since 2009 when I started a brokerage account my balance has gone up 6 fold. My land has gone up about 4 fold since 2009 not including rent income from it. My worst performing asset from 2009 to today by far is pm.[/QUOTE]</p><p><br /></p>

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