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Silver on its way to $80 an ounce
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<p>[QUOTE="Juan Blanco, post: 1575938, member: 41665"]Exactly this. I've seen nothing to prove otherwise: 'Americans' (most people) effectively own <u>no</u> Gold nor Silver. To combine Heritage Auctions and PCGS #s, Gold-bugs (hoarders) in the USA number perhaps ~300k affluents among 311 milllion souls. </p><p><br /></p><p>0.1%! That's not even "1%" but I'd bet the 'Top 1%' are maybe 60% of gold-bugs with any real assets in PMs. There might be 3-6x more with a very small stash in PMs; not sure we'd call those marginal people "middle-class" either.</p><p><br /></p><p>Still: better some savings than none![/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1575938, member: 41665"]Exactly this. I've seen nothing to prove otherwise: 'Americans' (most people) effectively own [U]no[/U] Gold nor Silver. To combine Heritage Auctions and PCGS #s, Gold-bugs (hoarders) in the USA number perhaps ~300k affluents among 311 milllion souls. 0.1%! That's not even "1%" but I'd bet the 'Top 1%' are maybe 60% of gold-bugs with any real assets in PMs. There might be 3-6x more with a very small stash in PMs; not sure we'd call those marginal people "middle-class" either. Still: better some savings than none![/QUOTE]
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