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<p>[QUOTE=&quot;SuperDave, post: 2372194, member: 1892&quot;]This is going to sound outlandish, but there&#039;s a completely non-numismatic factor which anyone currently contemplating a &quot;hold&quot; scenario of over a decade ought to consider.</p><p><br /></p><p>Some of the finest scientific minds on the planet are working overtime to eliminate gold, silver and other precious metals from their respective industrial usages. They are in most cases the most expensive component of whatever they&#039;re used in and industrial usage forms the large majority of all precious metals consumption. The financial incentive to replace them is <b>immense</b>. When they succeed - and they <b>will</b> eventually succeed - the bottom will drop out of the related precious metals market and drive the speculators completely away. </p><p><br /></p><p>Superconducting materials now exist which achieve superconductivity at liquid nitrogen temperatures, and liquid nitrogen is easily produced and has been for 125 years. Further refinement of the process - don&#039;t forget, we can create designer molecules pretty much from scratch these days - will heavily impact the electrical conductivity advantages of gold and silver.</p><p><br /></p><p>This won&#039;t much change the market for S VDB&#039;s, Proofs or other coinage whose value derives primarily from numismatic demand, but I wouldn&#039;t exactly want a huge position in Saints or junk silver when it happens....[/QUOTE]</p><p><br /></p>

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