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<p>[QUOTE=&quot;fatima, post: 1326160, member: 22143&quot;]This is because interest rates (prime rate) in 1980 hit 20% and someone could simply put their money in an ordinary insured savings account and earn 12-15%.&nbsp; Simple savings bonds purchased from that time turned out to be a windfall for those who held them for their entire 30 year life.&nbsp; Holding gold or silver does not make sense in this scenario because there is no need to hedge against the $.&nbsp;&nbsp; This is why people sold their physical assets because with interest rates such as that, cash was king.&nbsp; </p><p><br /></p><p>There is nothing like this now.&nbsp; Rates are being deliberately held low in a futile attempt to protect the TBTF banks, the housing &amp; car industry, and to keep the stock market propped up.&nbsp; Unless you are one of the very few beneficiaries of this governmental intervention, then there are few options to hedge against it.&nbsp;&nbsp; Gold and potentially silver are one method.[/QUOTE]</p><p><br /></p>

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