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<p>[QUOTE=&quot;Sallent, post: 2902031, member: 76194&quot;]This post is pure gold. Several years later and it still doesn&#039;t get old. Silver is going to $100,000 per ounce:</p><p><br /></p><p><a href="http://www.roadtoroota.com/public/998.cfm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.roadtoroota.com/public/998.cfm" rel="nofollow">http://www.roadtoroota.com/public/998.cfm</a></p><p><br /></p><p>Honestly, there is no real money to be made in silver, except if you bought during the 20 year bear market from the 1980s to the early 2000s. Fiat is here to stay and money is going digital eventually. Got to love these PM pumpers who will take your soon to be worthless paper money and give you silver. What a selfless act. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /></p><p><br /></p><p>Mind you, I&#039;m not above buying some silver. I have some and have always had some, but I know it won&#039;t likely ever make me rich. For me it is a fun side thing. I like feeling the heft and holding nice bars. And it doesn&#039;t hurt that if you buy during the lows, your purchase may just keep up with the rate of inflation over time (as silver is an industrial metal). So it&#039;s a nice way to store money like a bank account, but more eye appeal than simply numbers on a computer screen.</p><p><br /></p><p>If there is ever a major crisis and industry is disrupted, I&#039;d expect silver to go down, but I suppose under certain very limited and unlikely circumstances (like a crisis with the Dollar that somehow didn&#039;t affect industrial demand that much) it may do ok to preserve some wealth, though it won&#039;t make you rich (especially if silver were to hit $100 but gas was at $25 per gallon.) Not that I&#039;m hoping for that. I swear some silver bugs get excited about the prospect of a so called shtf scenario where we are all shooting each other, there is hardly any food and water, yet people magically trade you their last gallon of remaining water for a 1/2 ounce silver bar. LOL.[/QUOTE]</p><p><br /></p>

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