Would you believe the dollar was worth twice as much in 1987. Today it buys 1/2 less than that today. Since 1914 the dollar has lost 96 % of it`s value. Below is an online calculator that shows the dollar is now worth .04 cents compared to 1914. Figuring in the dimes value from 1964 as .10 cents the dime gained a 25 fold increase in value from that time. Keep in mind about that time the Government stopped producing 90 % silver dimes. Check it out !!
Historically to this days owners of precious metals kept up with inflation or beat it. To me investing with higher odds is an important tool. Giving those odds it makes sense to have precious metals in your portfolio. I do think that diversification is important and to keep up with the news with the constant changing enviornment we are living in.
http://www.dollartimes.com/calculators/inflation.htm
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