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<p>[QUOTE="InfleXion, post: 1355771, member: 29012"]Well you are certainly not a fool, Chris. It must feel vindicating to have seen what silver did since then, whether or not you're still in touch with anybody from back then who disagreed with you. </p><p><br /></p><p>I agree with you on both stocks and bonds. My concern with stocks is not the value of the companies, but the integrity of the market. Of course I differ on precious metals, more so silver than gold, simply due to its limited physical supply and necessity for technological advancement. I think even if we have deflation and gold drops due to monetary supply contraction that silver will still be leaps and bounds ahead of where it is now in a few years, in part because I think the value today should be closer to ~$500/oz, but that it will require a physical shortage for silver to reach what I perceive to be its real value. I base that loose estimate on the likelihood of a physical shortage so they go hand in hand. I realize I am in the minority here, and I could very well be wrong =) but I have done more research on silver than anything else and am comfortable enough with my assessment to buy at any price I've seen so far.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1355771, member: 29012"]Well you are certainly not a fool, Chris. It must feel vindicating to have seen what silver did since then, whether or not you're still in touch with anybody from back then who disagreed with you. I agree with you on both stocks and bonds. My concern with stocks is not the value of the companies, but the integrity of the market. Of course I differ on precious metals, more so silver than gold, simply due to its limited physical supply and necessity for technological advancement. I think even if we have deflation and gold drops due to monetary supply contraction that silver will still be leaps and bounds ahead of where it is now in a few years, in part because I think the value today should be closer to ~$500/oz, but that it will require a physical shortage for silver to reach what I perceive to be its real value. I base that loose estimate on the likelihood of a physical shortage so they go hand in hand. I realize I am in the minority here, and I could very well be wrong =) but I have done more research on silver than anything else and am comfortable enough with my assessment to buy at any price I've seen so far.[/QUOTE]
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