SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Archie Meeties who wrote (80550)9/29/2011 3:02:30 AM
From: elmatador  Respond to of 217887
 
Searching for metals as a reserve of value is a passing fad. It happens because of the information where the value really is has not yet sunk in.

Qatar and other rich countries with piles of money without knowing what to do with it, they are not venturing into transform that money in another reserve of value, for instance precious metals.

The capital that people think will go into buying the rights, dig and refine the metals will in fact go into producing things people can buy, i.e., food.

Those Middle Eastern countries have been warned what happens when the price of food goes up.
And that is why Qatar and other rich countries with piles of money without knowing what to do with it are trying to gobble farmland.

It is better people go invest in oil seeds rather than in seeking metals from water.