Can we discuss buying Silver

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dennishoddy

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Every investment expert that I know or read about says gold and silver is one of the poorest investment strategies you can get in to.
I quickly browsed the markets on them and see them on a decline with little hope of recovery.
Yet the radio and TV have all the hawkers touting the returns while they continue to fall in price.
Why would anyone buy them?
 

CoronaBorealis

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Every investment expert that I know or read about says gold and silver is one of the poorest investment strategies you can get in to.
I quickly browsed the markets on them and see them on a decline with little hope of recovery.
Yet the radio and TV have all the hawkers touting the returns while they continue to fall in price.
Why would anyone buy them?

Gold/silver are not investments...they're a hedge against inflation.
 

SlugSlinger

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Gold/silver are not investments...they're a hedge against inflation.

I agree with this in principle. However, we are in a period of inflation and the prices of gold and silver are dropping in value as compared to the US dollar. As the dollar strengthens against other currencies, even while we are seeing inflation, the price of gold drops. The gold price seems to be aligned more with panic than intrinsic or inherent value.

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As compared to wheat prices.
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