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<p>[QUOTE=&quot;medoraman, post: 1581830, member: 26302&quot;]I wouldn&#039;t be AS adament about it, and I will tell you why. Any particular asset individually has risk. Own only Enron, see what happens. People SAY PM cannot go to zero, but it EFFECTIVELY can. Silver dropping down to $4 in the early 90&#039;s effectively was zero since inflation kept going up and silver was &quot;dead money&quot;. It might as well become effectively valueless if you had to sell then. So, owning only silver itself IS risky.</p><p><br /></p><p>So, I would argue quite strongly against anyone investing all of their money in any one asset, meaning a single stock, one particular PM, only IA farmland, etc. Single asset investing is a lot like taking all of your money to Vegas and placing it all on 23 Red, (my favorite roulette number btw). Yes, it can win big for you if you hit, but does anyone think this is prudent? I am sure some gamblers do, and that is why most die broke.</p><p><br /></p><p>Anyway, &quot;stocks&quot; are not universally one asset. Maybe that is our disagreement sir. I own mining stocks, and I own Las Vegas Sands. Do you really think these are effectively the same assets? &quot;Stocks&quot; is effectively all of the industries around the world, making everything in the world. You lump them all together? I view different industries of stocks as different assets, so I would not be upset if someone said they were selling all of their silver to buy a well balanced, diversified portfolio of stocks. I still think they should have other assets also, but I wouldn&#039;t think its nearly as risky as the other way around.</p><p><br /></p><p>I would, however, VEHEMENTLY argue against someone selling everything they own to buy only ONE stock, whatever it may be. Heck, I would argue strongly against anyone selling their silver to buy only one stock, as I believe that would be a terrible move.</p><p><br /></p><p>See the difference? I just do not view the entire stock market as one asset. Its was more complicated than that.</p><p><br /></p><p>I agree with you holding PM is less risky than a financial asset in some ways.[/QUOTE]</p><p><br /></p>

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