General PM's Thankyou / Liquidity

Discussion in 'General Precious Metals Discussion' started by Fe Mike, Jan 12, 2011.

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  1. Big A.D.

    Big A.D. Well-Known Member Silver Stacker

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    Yeah, but remember that inflation also applies to the cash you keep under the mattress. Your $2500 emergency money will buy you 2-4% less every year you keep it there, so you'd lose ~$75 in spending power if inflation is running at 3% p.a.

    Then again, that's a decent argument for buying precious metals anyway - they might gain or lose value but cash definitely loses value.
     
    Big A.D., Jan 13, 2011
    #21
  2. Fe Mike

    Fe Mike New Member Silver Stacker

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    Thanks everyone, really great stuff.
     
    Fe Mike, Jan 13, 2011
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