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<p>[QUOTE=&quot;kaparthy, post: 94261, member: 57463&quot;]It is true that <b>&quot;silver is the poor man&#039;s gold.&quot;</b>&nbsp; However, I am not sure that&nbsp; poor people in America invest in silver the way that rich people elsewhere buy gold.&nbsp; Silver had been historically popular in India and the Middle East, again, as &quot;the poor man&#039;s gold.&quot;&nbsp; Silver is still nice.&nbsp; (My daughter and wife both actually prefer the look of silver jewelry to the glow of gold, so that make my life easier. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />) And silver has not lost its shine in India and the Middle East.&nbsp; It is just that in America, the people who buy precious metals tend to go for gold, though, again, as a poor man myself, silver is usually my personal choice.</p><p><br /></p><p><b>I think that the global economies are generally strong.</b>&nbsp; </p><p><br /></p><p>The U.S. government has a financial problem with the war in Iraq.&nbsp; It is a fact of life that wars do not pay off.&nbsp; For example, Japan has a tariff on rice.&nbsp; The Japanese government prevent imports because they do not want to become dependent on other nations for food.&nbsp; Fine and dandy, but that is a market inefficiency.&nbsp; The Japanese people lose money -- however, they are losing it to Japanese farmers, so at least that keeps it all close to home.&nbsp; In the USA, we build bombs and bullets and we shoot them off 10,000 miles away.&nbsp; Not only is the investment not recovered -- rice is a crop; explosives do not yield more explosives -- but the money is lost far from home and it never comes back.&nbsp; </p><p><br /></p><p>I mention all of that because you have to look at the price of silver (or anything) in other currencies as well as in dollars.&nbsp; How has the price of silver (or gold) changed relative to the euro or the yen or the rand or the yuan?[/QUOTE]</p><p><br /></p>

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