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<p>[QUOTE=&quot;Bluesboy65, post: 1116180, member: 23329&quot;]Precious metals hold their value over time and throughout the years have been a good hedge against inflation.&nbsp; However certain conditions influence how well metals perform at any particular point in time.&nbsp; Things like strength of the economy, future prospects for inflation/deflation, central bank policy, strength of the currency and geopolitical risk all play a role.&nbsp; For example if you look at a chart of the nominal price of silver you will see the &#039;79 spike to $50 followed by an immediate crash (as we exited the 70&#039;s malaise) then to a 2-decade trough.&nbsp; Bottom line is that precious metals are volatile in a world economy dominated by fiat currency because they come in and out of investor focus as economies built upon fiat systems boom and bust. </p><p><br /></p><p>I think a lot of people feel your pain with having enough metal holdings to make a difference in a long-term inflation scenario but you do what you can.&nbsp; There is really nobody left who really remembers the desperation of the great depression but it left a multi-generational mark on many who lived through it.&nbsp; I had an uncle who was 29 years old when the depression hit in the 1930&#039;s.&nbsp; When I knew him he saved EVERYTHING and in his barn he had old coffee cans filled with rusty bent nails, bolts, lids, bailing wire etc..&nbsp; When he needed a nail(s) he would go over to his bucket of bent nails, straighten one out and use it.&nbsp; Almost seemed ridiculous to me as a kid and my uncle has long since passed but I now understand that his behavior was not a quirk.&nbsp; More of a scar left by the desperate times he had lived in.&nbsp;&nbsp; I think he would approve of your &quot;limited&quot; holdings.</p><p><br /></p><p>Regards,</p><p><br /></p><p>Bluesboy65[/QUOTE]</p><p><br /></p>

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