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<p>[QUOTE=&quot;InfleXion, post: 1288665, member: 29012&quot;]It&#039;s not really about what good a metal will do for the owner at the bottom of the ocean. It&#039;s that no matter what happens, come heck or high water, precious metals will have value until the end of time. Under the assumption that the established order of markets will remain intact indefinitely I would agree that a diversified portfolio is a sound strategy. I am not as confident as most others that this will be the case. Portfolios are managed by entities that have more debt than can possibly be repaid. I find it too risky to trust that they will be able to provide me with a tangible return if that debt is called upon, since they have already invested their customers money elsewhere and are underwater themselves. Essentially it would be like a bank run. This is the inherent flaw in fractional reserve [fill in the blank], as in loaning out the money you are the steward of to make additional profits. The derivatives bubble is going to eat all that up. I for one don&#039;t plan on being one of the people hung out to dry.[/QUOTE]</p><p><br /></p>

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