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<p>[QUOTE=&quot;Juan Blanco, post: 1655414, member: 41665&quot;]Jjack,</p><p>With all due respect I should like to qualify this comment, sir. </p><p><br /></p><p>To be realistic, comparing peasants to ruling oligarchs is as absurd as comparing yourself or me to Warren Buffet or Bill Gates. <i>&quot;Why are YOU such a failure, then?&quot; </i>lol </p><p><br /></p><p>Was anyone hurt by hoarding PMs in Eastern Europe? Doubt that. Are savings/emergency reserves be a &#039;bad thing&#039;? I don&#039;t believe so.</p><p><br /></p><p>I was in Eastern Europe less than a year after the Russians abandoned their bases there. At the <span style="color: #000000">antikvariats in almost every town, </span><span style="color: #222222">I saw with my own eyes that </span>Silver &amp; Gold coins were openly sold (commodity-money) at significant premiums over Spot; bullion, too (tons of Washington Quarters, too.) Where had all these coins come from? Prudent savers: doomsday reserves of common folk. This &quot;investment&quot; was sound.</p><p><br /></p><p>In the USA, Wall Street and its dupes tout stock schemes as the superior investment <i>always</i>. That&#039;s rubbish! There have been several stock ponzi in Eastern Europe: millions lost<i> all their life savings </i>investing in equities through pyrmaid/ponzi voucher-lottery schemes. Literally WIPED OUT. </p><p><br /></p><p>Holding PMs, by contrast, was a solid choice. I&#039;ll illustrate with an example on a new OP.[/QUOTE]</p><p><br /></p>

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