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<p>[QUOTE=&quot;vpr, post: 1998642, member: 41554&quot;]Agreed with Doug. Normally I wouldn&#039;t touch PMs even with a 12ft pole (I&#039;m young so it&#039;s not like I had an opportunity to buy PMs in different circumstances). The only reason I&#039;m buying is because I also think this time is different. </p><p><br /></p><p>When interest rates start to rise, government spending will rise with it (cost to service debt) and with that, there will be a rise in taxes. The govt will not keep rates high enough to fight inflation effectively, otherwise they will have to default on their debt. This will cause a rise in PM prices. Also, rising PM prices will get more people interested in buying physical (with the hopes of preserving wealth, capital appreciation and tax dodging). We will see much higher prices within the next 20 years.</p><p><br /></p><p>At least, that&#039;s what I think. If it happens, great! If not, my other assets should make up for losses in my PM holdings.[/QUOTE]</p><p><br /></p>

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