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Supply and Demand states that Silver must rise in the long term?
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<p>[QUOTE="Cloudsweeper99, post: 1392680, member: 3011"]Of course, that brings up the question of how many people save money in this manner? And how many of the ones who do so aren't mentally challenged in some way? Even the New Testament speaks out against burrying money instead of at least earning bank interest, so it is an old problem with a well known solution -- invest the money someplace. Gold and silver have been decent holdings as have investment real estate, land, stocks, bonds, and practically any other asset [which is the theoretical basis for asset allocation]. I read once [but can't recall the source] that Ben Franklin believed a gradually depreciating currency would be good for the economy because it would force people to either spend it or invest it in productive assets. I happen to believe that gold and silver make perfectly good money. But it just isn't the only way to run an economy.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1392680, member: 3011"]Of course, that brings up the question of how many people save money in this manner? And how many of the ones who do so aren't mentally challenged in some way? Even the New Testament speaks out against burrying money instead of at least earning bank interest, so it is an old problem with a well known solution -- invest the money someplace. Gold and silver have been decent holdings as have investment real estate, land, stocks, bonds, and practically any other asset [which is the theoretical basis for asset allocation]. I read once [but can't recall the source] that Ben Franklin believed a gradually depreciating currency would be good for the economy because it would force people to either spend it or invest it in productive assets. I happen to believe that gold and silver make perfectly good money. But it just isn't the only way to run an economy.[/QUOTE]
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Supply and Demand states that Silver must rise in the long term?
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