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The Water Cooler
General Discussion
Buying Gold/Silver - Do you do it?
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<blockquote data-quote="TerryMiller" data-source="post: 3116832" data-attributes="member: 7900"><p>It has been some years ago, but if I remember right, Reagan or someone during his terms in office stated that as technology improves in "searching for" and drilling for oil, know reserves increase. So, even well after your dad's experience after WWII, there have been people stating that we were running out of oil. I suspect the same is true for anything that is found underground. With regard to gold, I wonder what technology is used to find it, and I'm curious as to how said "expert" could claim that it has all been found.</p></blockquote><p></p>
[QUOTE="TerryMiller, post: 3116832, member: 7900"] It has been some years ago, but if I remember right, Reagan or someone during his terms in office stated that as technology improves in "searching for" and drilling for oil, know reserves increase. So, even well after your dad's experience after WWII, there have been people stating that we were running out of oil. I suspect the same is true for anything that is found underground. With regard to gold, I wonder what technology is used to find it, and I'm curious as to how said "expert" could claim that it has all been found. [/QUOTE]
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