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<p>[QUOTE=&quot;Cloudsweeper99, post: 680223, member: 3011&quot;]Well, gold and silver aren&#039;t high priced becasue people want it.&nbsp; People want it because it is useful and has value and is therefor high priced.&nbsp; So I think you have it backwards.&nbsp; Gold and silver have characteristics not present in most other metals for applications in the electronics, medical, jewelry and other industries.&nbsp; Every central bank in the world owns gold and lists it as a monetary reserve asset.&nbsp; It isn&#039;t easy or inexpensive to mine in great quantities, so it also has a scarcity value.&nbsp; If silver, for example, was a lot cheaper, then the world supply would quickly disappear as every electronics manufacturer would use it for its superior performance to other materials.&nbsp; </p><p><br /></p><p>And in answer to the question you ask everyone, I buy gold and silver with Federal Reserve Notes for the same reason I buy stocks or any other investment -- because they have a high probability of increasing in value relative to just holding the Federal Reserve Notes I have left over after paying my bills.[/QUOTE]</p><p><br /></p>

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