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<p>[QUOTE=&quot;statequarterguy, post: 781954, member: 21782&quot;]<font face="Times New Roman"><font size="3">I’ll have to agree with the posters here that state, precious metals have no real value other than what is placed on it.&nbsp; And, I’ll have to state, that yes, our current system of using “fiat” money can be abused by a government that prints too much of it (much of the reason we’re heading into inflationary times now, but necessary).&nbsp; However, it doesn’t matter what we use for money (as long as its supply is controlled), as money is only a vehicle used to facilitate trade, goods for goods, services for goods, etc.&nbsp; In today’s society, for some reason, enough accept a precious metal’s worth to make it a traditional hedge against inflation, although that does not always hold true.&nbsp; As others have mentioned, what good is precious metal, one can’t eat it or use it for shelter?&nbsp; As my first accounting professor told our class, when speaking about investments and hedges against inflation, in a worst case scenario disaster/financial collapse, the only thing that’s going to get you a loaf of bread is a gun.&nbsp; So, I guess if one wants to cover all the bases, they should be investing in lead.</font></font>[/QUOTE]</p><p><br /></p>

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