$1000 per ounce before this decade ends!

[Matthew 26:14]

^^^ The amount of money (cash) in existence today compared to even say 20 years ago is many times more. Result? Who knows but large scale inflation would be the most likely result.

Why people must use the 1980 gold price in their statistics to prove a point is always a concern.

Instead of using 1980 as a high point to show the growth of gold's price you can just as easily use it to show gold's price weakness.

Bread - > 1980 50 cents 1990 75 cents (50% increase)

Gold - > 1980 $800 /oz 1990 $400/oz (50% decrease)

Meaning that if you held gold during the 1980's you would have had not only a 50% loss on your investment but the spending power of what you had left would have been further cut in half.

 

[Silver Bullion Boy]

Believe whatever you want, I say silver is going to dip under 30 maybe down to mid 20's then it will steadily rise and then it's going to take off!! Your opinion is noted, are you a pessimist? If you are you should not be stacking PM's for profit, maybe stamp collecting or something?

I predict that silver will be at $1000 an ounce before this decade is up! I can feel it in me bones folks!!


Silver Bullion Boy

the scots are great but with that prediction its just pure claptrap and you should rather stick it up your kilt. the bones should be left to witchdoctors and those that believe in bones

 

[finicky]

Good on you Silver Bullion Boy - silver 1,000. Nice number all my worries will be over - if I'm still alive. If not they'll be over anyway.
Sean Connery - funny guy. Trainspotting - funny film.

 

[jpanggy]

there is a way for silver to reach the moon.

Get all the hedge funds to constantly buy silver and drum up silver.

Chances of that happening, next to nothing.

 

[Aengrod]

Why people must use the 1980 gold price in their statistics to prove a point is always a concern.

Instead of using 1980 as a high point to show the growth of gold's price you can just as easily use it to show gold's price weakness.

Well, argument was as follow:

If the price of silver would be 1000$ loaf of bread is therefore 100$, or something along those lines.

Argument was wrong, thats it.

 

[Ghost Story]

silver isnt going to reach 1000 $ in my life time and i hope i got at least another 30 years think about it its not realistic if it does reach 1000 $ your going to wish you was dead anyway and so am i

 

[grinners]

silver isnt going to reach 1000 $ in my life time and i hope i got at least another 30 years think about it its not realistic if it does reach 1000 $ your going to wish you was dead anyway and so am i

30 years is a long time