Silver Surplus

[silversurfer1]

From all I've read recently on this silver surplus I believe it won't last long. Will get absorbed very soon. Unless the government engineers a stock market retraction or some other manipulation, the declining dollar and soon-to-be high inflation will spur silver to rise dramatically. The deteriorating dollar and federal budget deficits are key. They are the two 800 lb. gorillas in the room.

[pmstacker]

Gains made by inflation are not very good. So your metals are worth more, but unless you don't have ANY fiat then the rest of your money is devalued. I don't know about you but i have alot more money tied up in fiat than i do precious metals, you still need to pay the bills ya know.

[silversurfer1]

Pmstacker you're right. I do have some fiat for paying bills. Tucked away I have ALOT of silver - a bit of gold - and several thousand Swiss Francs. As the dollar continues to collapse the Francs will increase. Then as needed I will convert to fiat dollars to pay bills/buy food. And then there is other tangible assest such as real estate, food etc. Our truck is paid off and house should be soon.