According to Jeff Clark precious metals mania is on the horizon in the not too distant future. On a long term basis, gold and silver are going to preserve your purchasing power where as cash is not. Since Y2K, the dollar has lost an incredible 26% of its purchasing power, and this trend is going to continue. Although gold has been flat since last September, its purchasing power is still stronger in the long run. Most people havent discovered precious metals yet, and we both agree silver is very undervalued right now. Precious metals should be viewed as your savings; gold and silver prices will go higher from current levels.
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