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To: MrB
I don’t buy PMs to “make money” but to preserve buying power.

In 1948 one silver dime would buy you a gallon of gasoline. That same silver dime today converted to dollars would buy you about one gallon of gasoline.

That's fairly instructive right there I think.

29 posted on 05/04/2011 8:29:43 AM PDT by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: Lurker

That would be true in normal times.
The gas prices today are near $4,
and that silver dime is worth $2.88 today.

Again, it’s a good theory to look at, but gas prices are outside the norm at this point.


34 posted on 05/04/2011 8:41:36 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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