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To: FatherofFive
And buying it they are. But like you, I see no real value there. Just one gigantic bubble waiting to burst.

But when you stop to think about it, that holds true for just about anything, including precious metals. Perception defines value just as much as anything else.

15 posted on 02/19/2021 11:45:15 AM PST by Robert DeLong
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To: Robert DeLong
Pulling 'em in for the fleecing. Again.


18 posted on 02/19/2021 11:50:04 AM PST by polymuser (A socialist is a communist without the power to take everything from their citizens...yet.)
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To: Robert DeLong

Precious metals have a significant number of industrial uses, have 10k+ years of history as a store of value, are pretty in jewelry, and can physical be held and thus subject to less risk of being effectively destroyed by the government in one fell swoop. You can argue exactly where they should put precious metals value but saying there is no real value simply isn’t true. Palladium’s price is nearly entirely from its industrial usage for example.


27 posted on 02/19/2021 12:06:17 PM PST by rb22982 ( )
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To: Robert DeLong

“But when you stop to think about it, that holds true for just about anything, including precious metals.”

The precious metals have real values!


28 posted on 02/19/2021 12:06:32 PM PST by TexasGator (Z1z)
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