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<p>[QUOTE=&quot;sakata, post: 2890121, member: 23778&quot;]You are warping the perception here by claiming that silver only has value in FRNs.&nbsp; That is only true as long as FRNs are dominant.&nbsp; But what if they are not?&nbsp; No one should be converting FRNs to silver if they need the money for any other purpose and so that assumption has to be that silver is only bought as a hedge against the devaluation of FRNs.</p><p><br /></p><p>I have said it many times here.&nbsp; PMs are NOT an investment.&nbsp; They are a hedge against the devaluation of the dollar.[/QUOTE]</p><p><br /></p>

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