I agree with you completely but Gold has been coverted almost since day one. I remember watching on a programme once that if you put all the Gold in the world together it would just about fill a Olympic sized swimming pool.....I am full of boring facts! That is why I think there is more of an argument to hold Silver as it has many industrial purposes, so if the economy does recover the price of Silver should go up as output increases also they are finding new uses for Silver all the time including talk at the moment it may help to cure cancer. At the same time if the financial crisis continues I personally think precious metals will continue to rise.
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