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<p>[QUOTE="fatima, post: 1241433, member: 22143"]If you agree with me, read some of my other posts. Gold isn't just a commodity. It's the world's hedge against fiat money. No other "commodity" is held in reserve by central banks and even governments, including the USA as a financial asset. This gives it a unique place in terms of investing. </p><p><br /></p><p>I've said for most of the time I have been on this forum that Silver and Gold are not equivalent and they have never been coupled (modern times) except in people's minds. When governments continue to be reckless it's gold that will rise. Silver may or may not do so simply because it's driving by other factors. The events of just the last month or so prove this.</p><p><br /></p><p>Go back into this forum and look at the people who were trying to link gold and silver together. Things such as silver/gold ratios, comments about gubment spending and silver, etc, etc, etc have all been proven wrong in the last month. Look at the mad rush to those 5 ounce ATB silver pucks. People were losing their minds over getting one. What is it now? Silence, because the dreams of silver riches came crashing down in basically one day when the CME raised its margins. Gold in contrast, has continued it's constant rise that is more than a decade long simply because it is directly tied to how fiat money is managed.</p><p><br /></p><p>Will there be a pull back in Gold. In the near term, I think so. The banksters, wall streeters, and their minions in government are not going to allow this challenge to their credibility and authority to go on without serious attempts to knock the price back down. It's such a mess that nobody can predict what is going to happen, but I expect somewhat of a temporary pullback, but it won't last.</p><p><br /></p><p>(My advice, if you buy gold, you better buy the form that lets you take possession of it.)[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1241433, member: 22143"]If you agree with me, read some of my other posts. Gold isn't just a commodity. It's the world's hedge against fiat money. No other "commodity" is held in reserve by central banks and even governments, including the USA as a financial asset. This gives it a unique place in terms of investing. I've said for most of the time I have been on this forum that Silver and Gold are not equivalent and they have never been coupled (modern times) except in people's minds. When governments continue to be reckless it's gold that will rise. Silver may or may not do so simply because it's driving by other factors. The events of just the last month or so prove this. Go back into this forum and look at the people who were trying to link gold and silver together. Things such as silver/gold ratios, comments about gubment spending and silver, etc, etc, etc have all been proven wrong in the last month. Look at the mad rush to those 5 ounce ATB silver pucks. People were losing their minds over getting one. What is it now? Silence, because the dreams of silver riches came crashing down in basically one day when the CME raised its margins. Gold in contrast, has continued it's constant rise that is more than a decade long simply because it is directly tied to how fiat money is managed. Will there be a pull back in Gold. In the near term, I think so. The banksters, wall streeters, and their minions in government are not going to allow this challenge to their credibility and authority to go on without serious attempts to knock the price back down. It's such a mess that nobody can predict what is going to happen, but I expect somewhat of a temporary pullback, but it won't last. (My advice, if you buy gold, you better buy the form that lets you take possession of it.)[/QUOTE]
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