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<p>[QUOTE=&quot;Clawcoins, post: 2648160, member: 77814&quot;]A few years ago when silver and gold were driving up people were selling their PMs for ... Cash.</p><p><br /></p><p>Ever see those signs &quot;Cash for your gold/silver&quot; ?</p><p><br /></p><p>I collect PMs not as an alternative to paper money, but as an stable physical investment for part of my portfolio (it&#039;s like my silver and gold coins).&nbsp; </p><p><br /></p><p>I didn&#039;t sell any when silver was at $30/oz.&nbsp; Why? I&#039;d just get cash and no idea what else to put that cash into, other than just to keep the cash as you don&#039;t want to buy new Silver/gold that you just got out of.&nbsp; </p><p><br /></p><p>Cash hoarding is another part of my investment portfolio, thus no reason convert PMs to cash.</p><p><br /></p><p>People collect / invest / hoard PMs for various reasons which may include for when the dollar blows up.</p><p><br /></p><p>But one main reason gold &lt;&gt; dollar anymore is foreign countries were converting out $$ to gold and exporting it as exchange rates, etc made it more valuable.[/QUOTE]</p><p><br /></p>

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