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Supply and Demand states that Silver must rise in the long term?
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<p>[QUOTE="medoraman, post: 1392572, member: 26302"]Just a couple of points where I disagree sir. I am sure this disagreement leads us to differing opinions on things. Currency is in fact money. What is the primary definition of money? It is the "thing" in which goods and services are exchanged. What is the one thing that you pay for everything with? What do you get paid with? That will answer what is "money".</p><p><br /></p><p>Regarding the dollar losing 98% of its value, that is only nominally. Anyone holding cash under their mattress are simply doing it wrong. Put your cash in a government or corporate bond and how much did the dollar decline? None? The measure of the stablity of a currency is measured assuming the cash is placed in a safe bond. Trying to assume someone is so stupid as to put cash under a mattress is never a consideration. Put that same dollar from 100 years ago in a government bond and you do not see any loss of purchasing power sir. Its just another "half truth" people like to throw out there to scare people. I find the financial field full of them, not just talking about PM's, but everywhere.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1392572, member: 26302"]Just a couple of points where I disagree sir. I am sure this disagreement leads us to differing opinions on things. Currency is in fact money. What is the primary definition of money? It is the "thing" in which goods and services are exchanged. What is the one thing that you pay for everything with? What do you get paid with? That will answer what is "money". Regarding the dollar losing 98% of its value, that is only nominally. Anyone holding cash under their mattress are simply doing it wrong. Put your cash in a government or corporate bond and how much did the dollar decline? None? The measure of the stablity of a currency is measured assuming the cash is placed in a safe bond. Trying to assume someone is so stupid as to put cash under a mattress is never a consideration. Put that same dollar from 100 years ago in a government bond and you do not see any loss of purchasing power sir. Its just another "half truth" people like to throw out there to scare people. I find the financial field full of them, not just talking about PM's, but everywhere. Chris[/QUOTE]
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