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RE: The Difference Between "Money" and "Currency" Is Like Comparing Black and White. By Gregory Mannarino

in #money8 years ago

Gregory, i understand Silver is money, but a lot of its value is that its consumed. If the global economy collapses then demand for products which use silver will decrease as well. It seems like a global collpase would drop the price of silcer for a while until consumption startes to rise. I agree that in the long run, having physical will pay off and I own some. Im nust wondering if its better to hold some cash waiting for Silver to drop as the other minerals collapse before biuing more. I'm not arguing against buying more, just want to be educated on why Silver will avoid the mineral price decline?