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<p>[QUOTE="doug444, post: 1984625, member: 38849"]Only fools try to <b><i>trade</i></b> silver. You buy it and HOLD it for the long, long term. The price continues to be unpredictable, and these 10c and 25c ups and downs are just random noise, as the statisticians would say.</p><p><br /></p><p>Go back to basics. The only reason to buy silver in the first place is to exchange some of your paper money for bullion, in the hopes of preserving the buying power of your liquid assets. I still like the silver dime analogy; today a silver dime buys a loaf of bread -- inflation creeps up and up until bread's up 50%. A silver dime still buys a loaf of bread. </p><p><br /></p><p>That's not a sure thing, but it strikes me as a better bet than holding "paper" money being printed and/or created in massive quantities every day.</p><p><br /></p><p>The Rhodesians didn't see $100,000,000,000,000 bills coming (is that too many zeroes, LOL?)[/QUOTE]</p><p><br /></p>
[QUOTE="doug444, post: 1984625, member: 38849"]Only fools try to [B][I]trade[/I][/B] silver. You buy it and HOLD it for the long, long term. The price continues to be unpredictable, and these 10c and 25c ups and downs are just random noise, as the statisticians would say. Go back to basics. The only reason to buy silver in the first place is to exchange some of your paper money for bullion, in the hopes of preserving the buying power of your liquid assets. I still like the silver dime analogy; today a silver dime buys a loaf of bread -- inflation creeps up and up until bread's up 50%. A silver dime still buys a loaf of bread. That's not a sure thing, but it strikes me as a better bet than holding "paper" money being printed and/or created in massive quantities every day. The Rhodesians didn't see $100,000,000,000,000 bills coming (is that too many zeroes, LOL?)[/QUOTE]
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