Quote:
Originally Posted by John Mercier
If the economy collapses, silver isn't really worth anything.
No survivalist thinks in terms of silver.
Shelter, Energy, Water, and Food. Everything else is speculative.
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Unfortunately - regardless of this statement this isn't how the world works. Gold and Silver rise in times of uncertainty and folks view these as safe havens. Sometimes its better to just watch rather than apply logic. Gold and Silver are far more liquid than copper, or any other metals or gems.
There is an argument also for tax use of these assets - its a whole different discussion but the retail price of US Eagles and the premiums as a result of turmoil of last 3 years is clear.