iShares Silver Trust (SLV)

[Elmer Phud]

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You could say the same about the USD. That's where people go for safety. Someday it will fail but that day could be a long way off. Who's to say that some day gold won't fail too? What is it about gold and silver that makes them valuable other than people's trust? Yes, they have industrial value but not enough to support their current value. Their value is mostly blue sky just like the USD. I say that with a vault holding precious metals because I know people will still value them.