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<p>[QUOTE="SilverSurfer, post: 817058, member: 21603"]I believe silver is the better long term investment. Although you have to be able to stomach the volatility and there are a few caveats. One being that silver is more attached to the economy. So, the price probably won't go up significantly until people start buying more cell phones, Ipods, and other things that require silver to operate. Plus, silver has a bunch of new uses that are just coming to fruitation. This year it is predicted that photograph won't be the leading user of silver, but will be replaced by these new uses. Over time (years we are speaking) the use of silver will increase for these new functions (medical, solar panel, etc.). I won't bring up the silver to gold ratio because some people thing it is poo poo. But consider that mining can't happen forever on a commodity that is limited in the earth's crust. So, you do your own reseach.</p><p><br /></p><p>One last thing about gold.....China isn't buying it. They consider it too expensive to be gotten by other sources and are acquiring their supply by internal mining operations. Consider two things, China didn't buy the IMF's 192 tonnes, and China only has 1.5% of their monetary reserves in gold.[/QUOTE]</p><p><br /></p>
[QUOTE="SilverSurfer, post: 817058, member: 21603"]I believe silver is the better long term investment. Although you have to be able to stomach the volatility and there are a few caveats. One being that silver is more attached to the economy. So, the price probably won't go up significantly until people start buying more cell phones, Ipods, and other things that require silver to operate. Plus, silver has a bunch of new uses that are just coming to fruitation. This year it is predicted that photograph won't be the leading user of silver, but will be replaced by these new uses. Over time (years we are speaking) the use of silver will increase for these new functions (medical, solar panel, etc.). I won't bring up the silver to gold ratio because some people thing it is poo poo. But consider that mining can't happen forever on a commodity that is limited in the earth's crust. So, you do your own reseach. One last thing about gold.....China isn't buying it. They consider it too expensive to be gotten by other sources and are acquiring their supply by internal mining operations. Consider two things, China didn't buy the IMF's 192 tonnes, and China only has 1.5% of their monetary reserves in gold.[/QUOTE]
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