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<p>[QUOTE=&quot;rhoggman, post: 423363, member: 13987&quot;]The problem with PM&#039;s is people want to make a quick bet, and then take their quick cash. The problem with that is unless you get your investing advice from radio ads you are investing in PM&#039;s for the wrong reason.</p><p>&nbsp;</p><p>PM&#039;s are considered to be MONEY without inflation. Sure there are high&#039;s and lows, and the market can be swayed by many factors including &quot;bets&quot; that have nothing to do with physical metal. Also the gold and silver markets are much smaller than other commodities so the PM markets are volitile and unpredictable.</p><p>&nbsp;</p><p>Instead of thinking about wether gold and silver are over-valued you should think about the value of the currency you do most of your business in. Where is the US Dollar going? Is inflation on the rise? </p><p>&nbsp;</p><p>Also do research into what causes the price swings. Is it the buying and selling of precious metals?</p><p>&nbsp;</p><p>For example right now is a very interesting time in PMs. Gold and Silver bullion is selling for large premiums over their respective spot price compared with just a few months ago. Why?</p><p>&nbsp;</p><p>My personal view is that the PM markets are being depressed because of the paper markets. If you could buy PM&#039;s at or near spot, and they were readily available this would not be so.</p><p>&nbsp;</p><p>The US Dollar has recently been subject to much EUROPEAN gov investment. We have recently had a small run up in the Dollar. Look at a chart over the last 5 years to put that run up in perspective. The Dolllar has been spiraling downward since 2001. Why do you thin PM&#039;s have went up? The Dollar is in a free-fall because the US GOV thinks we are playing Monopoly and dipping into the bank is just a game. </p><p>&nbsp;</p><p>PM&#039;s are a good investment if you want to perserve your wealth with a tangible asset. PM&#039;s are a good investment is you think the US Dollar will continue it&#039;s over-all downward trend. PM&#039;s are a good asset if you believe that gold and silver are money, and will return to money one day. </p><p>&nbsp;</p><p>All FIAT money systems have collapsed in less than 50 years. In 1971 the US Dollar was decoupled from GOLD. PM&#039;s have went on a nice ride ever since. IS it possible for the US Dollar to collapse? Are you comfortable with the FDIC? Is your bank safe? What is your Dollar really worth? Who benefits from inflation? Why does inflation happen? Why do central banks hold gold and silver? Why don&#039;t you hold gold and silver?[/QUOTE]</p><p><br /></p>

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