inflation ?, page-8

  1. 3,274 Posts.
    So one of the questions I have is that central banks around the world are now net sellers of gold. With this in mind, is gold's place as a proxy currency (well, a store of value at least) still in place enough to take advantage of a significantly weaker US dollar in the long term? (I think the real reason for the lower dollar policy is that it is a sneaky way for the US to wipe off some of its massive debt)

    Personally, I much prefer silver - has the cachet of a precious metal, but the uses of an industrial one.
 
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