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<p>[QUOTE=&quot;medoraman, post: 1815681, member: 26302&quot;]Good post JAF. </p><p><br /></p><p>Looking back further, if you take a reasonable inflation number and adjust the price of silver from 1920 or 1950 to today, and guess what? Its right around today&#039;s price. So, if you had a silver dollar for the last 100 years you have basically kept your purchasing power. That is better than hiding FRN&#039;s under the mattress, about equal to bonds, and lower than returns equities would have given you.</p><p><br /></p><p>Its about the same it has always been. Hucksters who try to tell you its going parabolic are using mathematical tricks on you. PM is not going parabolic, they won&#039;t go parabolic unless something gamechanging happens like they find out a pound of silver will cure cancer or something.</p><p><br /></p><p>So, do you like silver and think its pretty? Buy it. You want to put some money aside to make sure you have a set amount of purchasing power in the future? Buy it. For those two reasons I have bought, and continue to buy, silver. If you want to believe pm pushers that every other asset will collapse and ONLY pm will be valuable, or believe silver will go to $500 an ounce in a year or two and you should put all your assets in it, to be blunt I will say that is just plain stupid. My silver has lost about 30% or more this year, and my equities hav gained 40% or more this year. That is a combined differential of 70%!!! That is about the most massive return differential I have ever seen two assets have in a single year&#039;s time. If I had all of my assets in silver, I would feel wiped out right now, (maybe feeling bad enough to wistfully speculate that only I am right about the future, and all of those &quot;idiots&quot; in equities will &quot;pay someday&quot;). <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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