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Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 06/27/2011  6:09 pm Show Profile   Bookmark this topic Add biggfredd to your friends list Get a Link to this Message Number of Subscribers
Price means nothing, value is everything.
Valued Member
jimineez's Avatar
United States
287 Posts
 Posted 06/27/2011  10:03 pm  Show Profile   Bookmark this reply Add jimineez to your friends list Get a Link to this Reply
I know folks that measure value in terms of how many ounces, not the current fiat dollar value....
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 06/28/2011  02:00 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
Weight Watchers™?
Valued Member
United States
362 Posts
 Posted 06/28/2011  08:55 am  Show Profile   Bookmark this reply Add ICanSeeYou7687 to your friends list Get a Link to this Reply
haha very general topic, someone must be bored.

But yes, a lot of people seem to forget that a lot of the time, its not silver or gold is getting more or less valuable, its just that the value of the US dollar (or whatever currency you have) is going up or down.

So you may by an ounce of silver for 15$, and sell it at 30$, but if the value of the US dollar is half of what you bought the silver at, then that 30$ that you have, is worth the same amount as the 15$ from before.

But then of course, silver/gold/platinum (etc...) can always become more sought after, or less, for that matter.
Pillar of the Community
junior e's Avatar
United States
931 Posts
 Posted 06/28/2011  11:25 am  Show Profile   Bookmark this reply Add junior e to your friends list Get a Link to this Reply
At least you have retained your purchasing power which is my entire reason for PM investing.
Pillar of the Community
GoThunder's Avatar
United States
830 Posts
 Posted 06/28/2011  11:49 am  Show Profile   Bookmark this reply Add GoThunder to your friends list Get a Link to this Reply
I just want to be ok...
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