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<p>[QUOTE=&quot;doug444, post: 1482691, member: 38849&quot;]A government that prints money indiscriminately NEVER runs out of money to pay the interest on the national debt, or bond interest, or anything else.</p><p><br /></p><p>The viewpoint for gold over silver is valid, but each PM has some flaws.&nbsp; Gold might be confiscated someday (it happened once, as you all know), and silver is much more volatile.&nbsp; Still, I believe you must think about &quot;transactions&quot; down the line, where gold is hard to use efficiently, compared to silver.</p><p><br /></p><p>In addition, the average household is much more likely to acquire silver, i.e., the &quot;poor man&#039;s gold,&quot; than gold, thus boosting demand.&nbsp; Gold in meaninful quantities is the province of sovereigns and the significantly rich.</p><p><br /></p><p>The essence of my gamble is that I will be <u>no worse off</u> holding silver (1. than gold; 2. than holding a bank deposit payable out in Federal Reserve notes), especially when interest rates are virtually zero.[/QUOTE]</p><p><br /></p>

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