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<p>[QUOTE="Cloudsweeper99, post: 1497065, member: 3011"]I don't know that silver is "following" gold. A lot of commodities are up over the past decade as the third world industrializes and consumes more. That doesn't mean there is a causal relationship among them. Silver isn't a monetary metal. It isn't used for money. I agree with you that silver has characteristics that make it good to use as money. It just isn't at the present time. Maybe someday someplace it will be money again. I have no visibility to that. A lot of things have been used as money, but that doesn't make them "monetary" commodities. I read Ted Butler because I try to read all I can about investments I hold whether I agree with the author or not. I also read a lot of pro/con articles about peak oil because I am a long time investor in the energy sector, but I don't have religiously strong feelings either way. I like silver as an investment, but not because I believe it is manipulated. It may turn out to be manipulated, and I will benefit from the price rise, but I don't expect this to happen.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1497065, member: 3011"]I don't know that silver is "following" gold. A lot of commodities are up over the past decade as the third world industrializes and consumes more. That doesn't mean there is a causal relationship among them. Silver isn't a monetary metal. It isn't used for money. I agree with you that silver has characteristics that make it good to use as money. It just isn't at the present time. Maybe someday someplace it will be money again. I have no visibility to that. A lot of things have been used as money, but that doesn't make them "monetary" commodities. I read Ted Butler because I try to read all I can about investments I hold whether I agree with the author or not. I also read a lot of pro/con articles about peak oil because I am a long time investor in the energy sector, but I don't have religiously strong feelings either way. I like silver as an investment, but not because I believe it is manipulated. It may turn out to be manipulated, and I will benefit from the price rise, but I don't expect this to happen.[/QUOTE]
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