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<p>[QUOTE="InfleXion, post: 1311543, member: 29012"]Metals aren't the only thing that have fluctuated wildly in the last couple years. Just look at cotton or sugar. However, as is often repeated, an oz of gold bought a nice toga in ancient Rome, and it will still buy you a nice suit today. Actually today you could get a few suits for that price since not as many people are buying suits these days. My point being that my point of view is based upon long term trends. 3 years is far too short a time frame to discern a trend that goes back throughout the course of human history. </p><p><br /></p><p>Also when I say metals I mean gold and silver. They are the only monetary metals as according to the US Constitution as well as recent human history. There's always the copper penny, but a metal being used for coin isn't the same as a monetary metal by which I mean a metal in which a monetary standard can be pegged to. I don't expect the PGM group metals to track gold and silver, because they are not typically monetary metals (though they could be), but gold and silver have tracked very closely to each other over the current bull market.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1311543, member: 29012"]Metals aren't the only thing that have fluctuated wildly in the last couple years. Just look at cotton or sugar. However, as is often repeated, an oz of gold bought a nice toga in ancient Rome, and it will still buy you a nice suit today. Actually today you could get a few suits for that price since not as many people are buying suits these days. My point being that my point of view is based upon long term trends. 3 years is far too short a time frame to discern a trend that goes back throughout the course of human history. Also when I say metals I mean gold and silver. They are the only monetary metals as according to the US Constitution as well as recent human history. There's always the copper penny, but a metal being used for coin isn't the same as a monetary metal by which I mean a metal in which a monetary standard can be pegged to. I don't expect the PGM group metals to track gold and silver, because they are not typically monetary metals (though they could be), but gold and silver have tracked very closely to each other over the current bull market.[/QUOTE]
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