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<p>[QUOTE="mrbrklyn, post: 1453852, member: 4381"]That is the issue. The only use for gold, more or less, is Jewerly and Coins (aside from investing). I few thousand worldwide investors have pushed the value far far far too high because they don't care about the cost and are afraid the world is ending and stocks aren't safe and the banks are collapsing. As soon as the economy picks up and gold reverts back to its commodity price, that price is not sustainable. It has to drop to about $500 an ounce.</p><p><br /></p><p>Silver, OTOH, has a huge number of industrial uses including electronics, film (yes they still make film), photoelectric cells, batteries, soldering and construction, and TON of chemical processes as a catalyst. especially in the production of plastics. The auto industry alone is using about 40,000,000 ounces of silver a year.</p><p><br /></p><p>So there is NO WAY gold can remain at its price and silver at its price....and you don't need to be a rocket scientist to figure this out.[/QUOTE]</p><p><br /></p>
[QUOTE="mrbrklyn, post: 1453852, member: 4381"]That is the issue. The only use for gold, more or less, is Jewerly and Coins (aside from investing). I few thousand worldwide investors have pushed the value far far far too high because they don't care about the cost and are afraid the world is ending and stocks aren't safe and the banks are collapsing. As soon as the economy picks up and gold reverts back to its commodity price, that price is not sustainable. It has to drop to about $500 an ounce. Silver, OTOH, has a huge number of industrial uses including electronics, film (yes they still make film), photoelectric cells, batteries, soldering and construction, and TON of chemical processes as a catalyst. especially in the production of plastics. The auto industry alone is using about 40,000,000 ounces of silver a year. So there is NO WAY gold can remain at its price and silver at its price....and you don't need to be a rocket scientist to figure this out.[/QUOTE]
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