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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: foundation who wrote (25493)	11/15/2006 9:23:48 AM
From: Claude Cormier	Read Replies (2) \| Respond to of 78409

Buying physical (gold or silver) to hold at your lace is not a good idea unless we face a total collapse and return to the dark ages. One can buy gold as easy as silver in small amounts week after week and sell it week after week.

To: foundation who wrote (25493)	11/15/2006 9:26:58 AM
From: Mr. Aloha	Respond to of 78409

Good point about buying the week's provisions with Ag. As metals prices increase substantially over time, it will be hard to use gold to buy anything less than big purchases. In fact, in time, silver may become too expensive to use for anything but big purchases, and zinc may become the best way to buy the week's provisions. People like to say gold is money and silver is money, but zinc may be used as money more than any metal, with over 99% of U.S. pennies made up of zinc. With the coming collapse of the dollar and continued increase in metals prices, zinc may end up being the best money for every day transactions. Zinc coins should end up being worth much more than a penny (the zinc in a penny is already worth more than a penny). Silver is the poor man's gold now, but zinc may be the poor man's gold in the future. We could see all 3 being used as the international monetary system in the future.